Jamie Hodari shares a 90-second primer on why CBRE Group have acquired infrastructure maintenance firm Pearce Services from New Mountain Capital for approximately $1.2B in cash with a potential earn-out of up to $115M. The deal expands CBRE’s technical services portfolio across telecom, energy, and electric vehicle charging infrastructure sectors.

Pearce Services will integrate into CBRE’s Building Operations & Experience unit, that Jamie now leads, and is expected to immediately boost CBRE’s core earnings.

Beer and coworking isn’t new. Heck we even shared a discussion about the combo in a newsletter some 694 days or so ago.

But Industrious‘ partnership with female-owned TALEA Beer Co. to produce a limited edition beer called Out Of Office for outside their spaces is new. Adding a custom out-of-office message generator to every can? Also new. A free day pass in every can? Also, also new.

Cheers Jamie Hodari and team. Nicely done!

Jamie Hodari joins Brad Hargreaves on the Thesis Driven podcast and shares lessons from leading Industrious through the category’s volatile boom to a landmark $800M acquisition by CBRE—without ever calling it “co-working” [sic].

Jamie Hodari shares that Industrious has been tapped by Brightline Trains to activate coworking spaces in both train stations and commuter cars.

"When Industrious tested outdoor workspaces a few years back, spots sold out in minutes. People don’t just accept new work environments—they crave them. They’re curious about them. The truth is, people are already working in trains, in stations, in airports, in hotels — so it’s less about bringing work to places it doesn’t currently exist. It’s about making it a more delightful and humane experience."

Fresh off his recent promotion to CEO of Building Operations & Experience at CBRE, prev-Industrious CEO Jamie Hodari joins Spencer Levy on The Weekly Take podcast where they discuss how all real estate is in-fact operational.