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CBRE Acquires Co-Working Firm Industrious

CBRE Acquires Co-Working Firm Industrious

by Phil Hall | Jan 14, 2025 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

CBRE Group Inc. (NYSE: CBRE) has announced is acquisition of Industrious National Management Company LLC, a provider of flexible workplace solutions. CBRE previously invested in Industrious through an approximately 40% equity interest and a $100 million convertible...
Cushman & Wakefield Executive Named New CEO at WeWork

Cushman & Wakefield Executive Named New CEO at WeWork

by Phil Hall | Jun 12, 2024 | Commercial Real Estate News, Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The co-working flex space provider WeWork Inc. (OTCMKTS: WEWKQ) announced it has emerged from Chapter 11 and appointed John Santora as CEO, effective today. Santora joins WeWork from Cushman & Wakefield, where he most recently served as the firm’s tri-state...
Report: Adam Neumann Seeks to Regain Control of WeWork via Acquisition

Report: Adam Neumann Seeks to Regain Control of WeWork via Acquisition

by Phil Hall | Mar 26, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Adam Neumann, the co-founder and former CEO of the bankrupt WeWork Inc. (OTCMKTS: WEWKQ), submitted an offer to acquire the co-working company for more than $500 million. According to a Wall Street Journal report sourced from unnamed “people familiar with the matter,”...

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