economy

January 22, 2026

Flex office firm Industrious is seeing major growth. Here's what's driving it

In 2025, Industrious increased its global footprint by 58%, now with more than 250 units open in over 100 cities.

Flex office firm Industrious is seeing major growth. Here's what's driving it

TL;DR

  • Industrious, acquired by CBRE, has increased its global footprint by 58% in 2025 with over 250 units in more than 100 cities.
  • The company projects 100% growth in new signings for 2026.
  • Industrious ranks third in the flexible office sector, behind International Workplace Group and WeWork.
  • The global flexible office market is expected to grow from $54.59 billion in 2025 to $147.2 billion by 2033.
  • Flexible offices are benefiting from companies' focus on enhancing workplace experience in non-headquarters locations.
  • Industrious targets areas outside central business districts, with many recent openings in neighborhoods.
  • The company uses a hospitality-focused approach, creating spaces that resemble boutique hotels.
  • Industrious enters into management agreements with landlords, sharing profits and risks instead of paying monthly rent.
  • This 'asset-light' model makes Industrious more resilient to economic downturns.
  • Flexible office sectors can underperform traditional leasing during recessions.

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