Company Overview
About Industrious
Industrious is the largest premium flexible workspace and coworking operator in the United States, offering private offices, coworking memberships, and hybrid workplace solutions across more than 200 locations in over 65 cities globally. Founded in 2012 by Jamie Hodari and Justin Stewart, Industrious built its reputation on a hospitality-first approach to coworking — providing high-quality amenities, dedicated workplace experience staff, and consistent brand standards that appeal to enterprise teams and professionals seeking an alternative to traditional long-term leases.
Business Model & Competitive Advantage
In January 2025, CBRE Group completed the acquisition of the remaining 60% equity stake in Industrious for $400 million, reflecting an implied enterprise valuation of approximately $800 million. CBRE had previously held a roughly 40% stake plus a $100 million convertible note since late 2020. The full acquisition created a new CBRE business segment called Building Operations & Experience (BOE), which unifies building operations, workplace experience, and property management under Industrious CEO Jamie Hodari's leadership. Industrious' revenue grew at a compound annual rate exceeding 50% since 2021.
Competitive Landscape 2025–2026
Under CBRE's ownership, Industrious has access to the world's largest commercial real estate services firm's global landlord relationships, enterprise client base, and property management infrastructure. This positions Industrious to accelerate deployments within CBRE-managed buildings, expand its managed workplace offerings for enterprise corporate real estate teams, and develop flexible office solutions that complement traditional long-term leasing. Industrious competes with WeWork (restructured), Regus/IWG, and Convene in the premium flexible workspace segment.
Key Differentiators
Market Leader
Industrious is recognized as a market leader in the Real Estate & Construction sector, demonstrating strong industry presence and customer trust.
Frequently Asked Questions
Estimated Visibility Trend (Beta)
Simulated 8-week rolling score
Based on estimated brand signals. Historical tracking coming soon.
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