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

Group 1: Company Overview - CBRE acquired Industrious, a flexible office company, which has expanded significantly since its inception in 2013, particularly post-pandemic [2] - Industrious has increased its global footprint by 58% from 2024, now operating over 250 units in more than 100 cities, with projections for 100% growth in new signings in 2026 [2] Group 2: Market Position - Industrious ranks third in the flexible office sector by the number of spaces and total square footage, following International Workplace Group and WeWork [3] Group 3: Industry Growth - The global flexible office market is expected to grow from $54.59 billion in 2025 to $147.2 billion by 2033 [3] Group 4: Market Trends - The mainstream office sector is recovering slowly from the pandemic, while flexible office spaces are benefiting from this recovery as companies focus on enhancing workplace experiences [4] - Companies are striving to elevate the quality of their midsize and smaller offices to match their headquarters, which is a challenge even for large firms like JPMorgan and Google [5]