Dallas-based commercial real estate firm CBRE Group Inc. said Tuesday it will acquire New York-based coworking company Industrious National Management Company LLC. Dallas-based commercial real ...
Dallas-based real estate services firm CBRE has taken control of co-working firm Industrious — a bet on shared working space as more employees return to
Dallas-based CBRE had previously invested in Industrious—a flexible workspace provider with more than 200 units across over 65 cities—through a roughly 40% equity interest and a $100 million convertible note.
CBRE Group, Inc. (NYSE: CBRE) today announced a definitive agreement to acquire Industrious National Management Company, LLC, a leading provider of fl
The commercial real estate giant has agreed to buy Industrious in a deal that values the coworking firm at about $800 million.
Fintel reports that on January 15, 2025, Morgan Stanley upgraded their outlook for CBRE Group (NYSE:CBRE) from Equal-Weight to Overweight. Analyst Price Forecast Suggests 14.09% Upside As of December 23,
Before acquiring 100 percent control, CBRE owned 40 percent of Industrious and a $100 million convertible note. Now, the Dallas-based firm is acquiring the remaining 60 percent for roughly $400 million, bringing the implied enterprise valuation of Industrious to about $800 million.
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DALLAS - CBRE Group, Inc. (NYSE:CBRE), the world's largest commercial real estate services and investment firm, with a market capitalization of $37.17 billion and trailing twelve-month revenue of ...
Stargate — the joint venture between OpenAI, Softbank and Oracle — is starting its AI infrastructure plans with 10 data centers in Texas.
Joint venture Stargate will be building out data centers and beefing up electricity generation to support the fast-evolving artificial intelligence scene.
The REIT secured fresh financing for Marriott Dallas Uptown, a hotel it developed with Alamo Manhattan in 2021, from KKR.