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CBRE Launches New Co-Working Business, Taking on WeWork

CBRE Launches New Co-Working Business, Taking on WeWork

Property firm plans partnerships with landlords that enable them to maintain their relationship with tenants

CBRE Group Inc. and other big brokers are trying to muscle their way into the increasingly crowded but lucrative co-working business, aiming to help landlords create their own flex-space companies that cut out middlemen like WeWork Cos.

WSJ

Large companies have embraced co-working and flex space because it allows them to expand and contract their space quickly.

More info at WSJ:
CBRE Launches New Co-Working Business, Taking on WeWork