Bob Sulentic

CBRE has launched a subsidiary called Hana that will operate flexible office space for larger corporations. Andrew Kupiec, who joined CBRE from Zipcar in 2017, will be its CEO and Scott Marshall, who previously led CBRE's investor leasing service line in the Americas, will be Hana's president and chief development officer.

The subsidiary's core offering is called Hana Team, which provides the private office suites that among other things give the tenants control over branding. Hana will design, build and operate the facilities and services, and will participate in their financial success.

Each Hana facility will feature two offerings: Hana Meet and Hana Share. Hana Meet provides conference room and event space that can be rented on an hourly, daily or weekly basis. Hana Share provides traditional co-working space in which users share services, amenities and technology.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.