Co-working firms aren’t happy about CBRE launching competitor company

Some co-working companies aren’t happy about CBRE’s new flexible workspace venture.

The brokerage announced on Wednesday that it will start inking property management agreements with landlords to provide flexible office space to large corporate clients. But some of CBRE’s would-be clients aren’t thrilled that the brokerage will now compete in the co-working space, Crain’s reported.