CBRE-backed Industrious is opening a new co-working space in Plano as North Texas’ co-working market heats up.

The company inked a deal to take 25,000 square feet at Plano’s Assembly Park, a mixed-use development that was developed by Triten Real Estate, according to a release from Industrious. CBRE’s Julee Amparo and Tommy Nelson brokered the deal for Triten Real Estate.

Industrious and Triten are utilizing a revenue-sharing partnership for the deal, which avoids locking them into a traditional long-term lease. They declined to provide specifics on the deal. Assembly Park’s 180,000-square-foot creative office space at 6200 K Avenue typically fetches $28 per square foot at Assembly Park, according to LoopNet. The office property’s tenants include Spiars Engineering, which signed a 32,000-square-foot lease last year.

The workplace will open in July 2027 and have over 300 seats. In addition to office space, Assembly Park, which was developed at the site of the former
Plano Market Square Mall, features 17,000 square feet of retail, 304 multifamily units and a 1-acre park.

It’s Industrious’ fourth location in the metroplex, and its second location in Plano, where it has a 28,000-square-foot location at Legacy Tower at 7520 Dallas Parkway. Following CBRE’s acquisition of the firm in 2025, Industrious is valued at $800 million, according to the
Wall Street Journal.

For Industrious, markets in California and New York have also been hotspots for growth. It opened its 20th location at 12655 Jefferson Boulevard in Playa Vista in September, and leased an additional 17,100 square feet at 345 California Street in San Francisco. In New York, the company expanded its presence to nearly half of the Kato International Tower 49 at 12 East 49th Street.

In Dallas-Fort Worth, demand for co-working continues to increase. In the third quarter of 2026, the area ranked third for total co-working spaces nationwide, beating out Manhattan, and closely trailing Chicago and Los Angeles, according to Coworking Cafe. The area added 6 new locations since the previous quarter, an increase of 1.8 percent.

Plano is an obvious office market choice for a company like Industrious. The north Dallas suburb is an office hotspot in its own right, as companies aim to put offices closer to where employees live. It draws major employers from Dallas proper, including AT&T, which is building a $1.4 billion campus in Plano.