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Recent Explore searches: industrious · What will you find today?

🖥️ Yardi acquires both Deskpass and Hubble
Yardi has officially announced the acquisition of both Deskpass and Hubble. This strategic move Expand 👇 expands Yardi’s offerings in the flexible workspace market and strengthens its existing solutions, including Yardi Commercial, Yardi Kube and CoworkingCafe.
The acquisition will enable Yardi to provide a wider-reaching suite of tools for managing coworking spaces, from operations through to marketing to lead generation and revenue insights.
Questions to ponder:
1. Will commission structures on these platforms change, to bring them more in-line with CoworkingCafe’s no commission approach? And if they do, what does it mean for competitors for each platform like Liquidspace, FlowSpace, Desana, Upflex and Gable?
2. Does this create any longer-term ties between Industrious (who had acquired a majority of Deskpass recently) and Yardi?
3. What does this mean in relation to Anant’s big plan for a global interconnected booking experience?
4. Who will be joining the TWIC podcast to answer these and other Qs for you?
PS Got Qs you’d like answered? Let us know by replying to this email
💬 Discuss this.
🗞 Week 03, 2025
🔗 Direct Link
📰 News & Views
⏱ 10 days ago.
🚀 CBRE acquires Industrious to create BOE segment
CBRE has acquired 100% of Industrious. High level deal points include: 100% acquisition; $800M Expand 👇 valuation; Jamie Hodari stays on as CEO and take on global role at CBRE overseeing 95,000 employees managing over 7,000,000,000 sqft of space. The firm will create a new segment called Building Operations & Experience – unifying building operations, workplace experience and property management services.
ICYMI: Since 2020 CBRE had bought roughly 40% of Industious, and given a $100M convertible note. The remainder of the company is being acquired for around $400M.
💬 Discuss this.
🗞 Week 03, 2025
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🤝 Market Moves
⏱ 10 days ago.
🏢 CBRE partners with Industrious for new NYC office
Global real estate giant CBRE is incorporating flexible workspace into its new global financial Expand 👇 headquarters in Manhattan. Partnering with Industrious, the flex workspace brand will manage and market an initial 2 out of 6 floors in total. CBRE employees will have access to Industrious’ adjacent space, amenities, and events. As time goes on, CBRE will have the ability to flex up or flex down allowing the firm to either take over some of the initial Industrious space for it’s own use or (less likely) offer up more to them. ICYMI: Since 2020, CBRE has held a 35% stake in Industrious, having invested $230M in the brand.
What is being described as a "fixed-flex-HQ strategy", this is an excellent example of further adoption of flexibility into enterprise workspace planning. HQs aren’t going away, per se, but they are getting smaller and more likely being found adjacent to or in partnerships with some amount of flexible workspace that may or may not be open to the public.
💬 Discuss this.
🗞 Week 02, 2025
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📰 News & Views
⏱ 17 days ago.
🎗️ Brand launches global nonprofit support program
Industrious has announced Powering Purpose, a new global initiative offering free workspace and Expand 👇 resources to nonprofit organizations across its network of 65 cities.
The two-year program, valued at over $12,000 annually per recipient, provides eligible nonprofits with options including private offices, meeting room hours, and coworking passes, along with community engagement opportunities. The program is open to registered charities with annual budgets under $5 million in the US, Canada, and UK where Industrious has locations.
💬 Discuss this.
🗞 Week 50, 2024
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✊ Impact
⏱ 45 days ago.
🇸🇬 Lendlease partners with Singaporean firm
Lendlease has formed a partnership with Singapore-based coworking operator The Great Room to convert Expand 👇 two floors (2,356 square meters) of its One O’Connell Street building in Sydney into flexible workspace.
ICYMI: The Great Room, which was acquired by Industrious in 2022, entered the Australian market earlier this year at 85 Castlereagh Street and has achieved over 70% occupancy within its first few months. The expansion comes as Sydney’s CBD sees increasing demand for flexible workspace solutions, with The Great Room planning to focus on further Sydney expansion before considering other Australian cities.
💬 Discuss this.
🗞 Week 50, 2024
🔗 Direct Link
🤝 Market Moves
⏱ 45 days ago.

 

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