CBRE Group to acquire a 35% stake in Industrious for $200m.

CBRE Group, an American commercial real estate services and investment firm, agreed to acquire a 35% stake in Industrious, a provider of premium flexible workplace solutions in the US, for $200m. "Our investment in Industrious is consistent with our view that flexible office space is playing an increasingly central role in companies’ occupancy strategies and aligns us with an exceptional operator and an outstanding leadership team that is executing a great strategy. We have been building our Hana flex-space business expressly to meet the flex-space opportunity and Industrious now enables us to capitalize on it at scale with a portfolio of well-situated units in key markets," Bob Sulentic, CBRE President & CEO.