Back To Daily Digest

How Industrious Stays Relevant In The Coworking Game

Kat Lau, senior director for shared office operator Industrious, may only be 29 years old, but her experience in the real estate world has led the company to have a keen eye for coworking operations.

When seeking out certain real estate for Industrious, Lau said that they look for spaces that will meet their customer and physical asset demand. Specifically, they rely on real estate metrics that cover vacancies, absorption, rent price fluctuation, demographics and psychographics.

Additionally, Industrious works through landlord partnerships rather than traditional lease models. For example, Industrious has a retail space location within Scottsdale Fashion Square where it partnered with prominent landlord Macerich.

“It feels like in some cases that these landlords are outsourcing the flexible workspace and amenity management because landlords have a certain expertise, in investing in real estate, in property management, facilities management, asset management, financing and all those things,” said Lau. “And our expertise is on the operations side so it just makes sense that this is happening.”

The Latest News
Delivered To Your Inbox

In reference to potential economic downturn, Lau said that the company tries to stay conservative and strongly evaluate each project in order to ensure that in any recession scenario, each location will have enough revenue to buffer any losses.

Now, Industrious has plans to expand internationally through either the UK, Canada, or Mexico which could open in 2020, according to Lau.

ABOUT Aayat Ali
Aayat Ali

Aayat is an editor for the Daily Digest based out of Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces. Feel free to reach out to her at [email protected] View all posts by Aayat Ali

Latest on Daily Digest

The Future Of Coworking Is Looking Bright

Coworking Operators Turn To Design To Stand Out

How To Tackle Loneliness As A Solopreneur

Should Companies Implement Four-day Work Weeks?

Airbnb-like Coliving Firm Raises $47 Million

The Need For Flexibility Is The True Disruptor

Flex Spaces Could Contribute Over $11 Billion To Australia

How To Address And Prevent Workplace Burnout

Implementing Resilient Design In The Workplace



  • Facebook
  • Twitter
  • LinkedIn
  • RSS
  • instagram
  • pinterest



Stay On Top Of Your Game!

Subscribe To The Largest Publication On The Future Of Work And Receive Our TOP 10 News Stories Every Friday, Among Other Cool Stuff. 100% FREE

leaving so s0on?

Get A Free Subscription To Our Weekly Premium Publication

If It’s Affecting The Future Of Work, You’ll Know About It.