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Why the founder of coworking firm Industrious is happy to have a boss now
Why the founder of coworking firm Industrious is happy to have a boss now By Daniel Geiger You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Jamie Hodari oversees CBRE's building operations and experience business segment. CBRE 2026-04-27T09:58:01.345Z Jamie Hodari is stepping away from the coworking firm he cofounded to focus on senior role at CBRE. He faces the challenge of finding a successor and handing off a company that defined his career. Hodari will focus on his new senior role at the world's largest commercial real estate company. Jamie Hodari is looking for his replacement after selling Industrious, the coworking company he cofounded in 2012, to CBRE for $800 million last year. Hodari, 44, became a senior executive at at CBRE after the acquisition in charge of its building operations and experience division. He oversees the management and operations of more than 8 billion square feet of space worldwide and about 95,000 employees.For the past year, he has also remained the CEO of Industrious, but is now seeking a successor to run the platform, which has grown to 200 locations around the world. The role will report to him.Hodari discussed with Business Insider what it was like to transition from leading a startup to becoming a top executive at the world's largest real estate services company, how he uses AI, and the advice he gives young professionals. The conversation has been edited for length and clarity.What is it like stepping away from the company that has defined your career? I know that the overwhelming likelihood is a stranger who I never met until this process started is going to be running my baby. There's something daunting about that and a little complicated, but also super exciting.What are you looking for in a successor?I've seen people with a big ego or who don't treat their colleagues with not just respect, but real warmth, end up flaming out. So we have to find a CEO who's a badass and ultra ambitious, but also wants to be part of a culture that operates that way.You get scared that you hire someone and they're an amazing CEO, but they turn it into an unbelievably serious company where people might be not trusting each other or something like that.You now manage 95,000 workers. How did you adapt to that?Industrious was always an underdog. Industrious is very personal. Every person in that company has a pretty clear sense of who I am, what I care about, and what kind of beha...
The Future of Flexible Work: Why the Next Decade Belongs to Coworking
We are standing at the front edge of the largest structural shift in commercial real estate in a century. Hybrid work isn't a pandemic artifact. It's the permanent operating model for the modern workforce, and the infrastructure hasn't caught up yet. The numbers tell a clear story. The global coworking market was valued at roughly $20.96 billion in 2024, with projections placing it between $59 billion and $114 billion by the early 2030s depending on the source. The broader flexible office market is growing even faster, valued at $45.24 billion in 2025 and expected to reach nearly $195 billion by 2034. These aren't optimistic guesses. They're the consensus across Fortune Business Insights, Coherent Market Insights, and Market Research Future. But behind the macro numbers is a more interesting question: who captures this growth, and how? The Demand Side Is Already Here Let's start with the workforce. Gallup's 2025 data shows that 52% of remote-capable workers now operate in hybrid arrangements, with another 27% fully remote. Only about 10% of employees actually prefer being in an office five days a week. Meanwhile, 88% of employers offer some form of hybrid option, according to Robert Half. This isn't a temporary arrangement people are tolerating. It's what they're choosing. Sixty percent of remote-capable employees prefer hybrid work. Thirty percent want fully remote. And 65% of Gen Z and Millennials say they would leave their job entirely if forced back to the office full time, per Deloitte's 2025 research. The business case is equally settled. Stanford economist Nick Bloom's randomized controlled trial of 1,612 employees, published in Nature, found that hybrid workers performed identically to in-office peers on every measurable dimension, with no differences in performance reviews or promotion rates across two years of follow-up. The one thing that changed? Quit rates dropped by 33%. Separate research shows that 35% of hybrid firms achieved double-digit revenue growth, compared to just 28% of fully in-office companies. The demand for flexible workspace isn't speculation. It's the revealed preference of tens of millions of workers and the companies that employ them. The Supply Gap Is Massive Here's where it gets interesting for anyone thinking about the coworking opportunity. JLL, one of the largest commercial real estate firms on the planet, estimates that 30% of all office space will be consumed flexibly by 2030. Today, flex represents just 2% of total...
The Great Room by Industrious appoints Josh Alfafara as General Manager
The Great Room by Industrious has appointed Josh Alfafara as General Manager, spearheading the global coworking group's Australian operations as it looks to expand its footprint. With over 12 years of experience in commercial real estate, Alfafara has a proven track record of driving growth in the rapidly emerging flex work sector.
A few tappy things you may have missed This Week In Coworking... - LinkedIn
Angel K shares that 10 years ago, a cold email asking her to help start a coworking space in Ulaanbaatar started an adventure that included Craig Baute flying over there and resulted in Mongolia ...
