Industrious, the highest-rated workplace provider in the industry acquired TechSpace, a national workplace provider with a focus on contemporary design, all-inclusive amenities, and tech-centered workspace solutions. Through this acquisition, Industrious has added seven new locations to its national network in markets including Austin, Houston, Los Angeles, New York City, Orange County, San Francisco, and Washington D.C.
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This acquisition contributes to a year of tremendous growth for Industrious, having recently received a $200 million investment from CBRE and officially expanding its presence internationally upon merging Hana into Industrious’ portfolio. Industrious added one million square feet of space to its portfolio in 2020, and has continued to expand its footprint in 2021 through both organic growth and competitor takeovers.