From Miami to Las Vegas, billions are pouring into stadium-anchored districts, but only a handful have so far proved they can truly work as real estate.
Industrious coverage from Thesis Driven, following the flex office operator that emerged from the coworking shakeout as the winner. Reporting covers the decision to take management contracts rather than master leases when that was contrarian, location strategy that avoided the worst of the office downturn, the acquisition by a global services firm, and founder Jamie Hodari on the future of workplace.
Jamie Hodari on how Industrious outlasted WeWork, why management contracts beat master leases, and what the $800M CBRE deal means for office landlords.
With WeWork sputtering and venture dollars gone, things may look dire. But the macro landscape for managed office is perhaps the best it has ever been. Where is the sector headed?
