CommonGrounds Workplace will open its first Chicago location at the 33 N. LaSalle tower.

CHICAGO-A week after it announced it was entering the Philadelphia market, CommonGrounds Workplace reports it will open its flagship Chicago shared workspace location at the 33 N. LaSalle office tower early next year.

This is the seventh CommonGrounds Workplace lease signed in 2019 as part of the company’s $100 million Series A funding expansion program.

There are currently nine U.S. locations open, with 11 additional locations scheduled to open in 2019 and in the first quarter of 2020.

“The Chicago Loop is the second-largest CBD and has limited flexible office solutions for the Fortune 1500 and Global 1000. Our Workplace-as-a-Service platform is cost-effective and delivers high-quality infrastructure, furnishings, and technologies that behaves like a company’s HQ, HQ2 or third place for their talent,” said Jacob Bates, CEO of CommonGrounds Workplace.

“33 North LaSalle is perfectly located, recently renovated, and ready to serve as CommonGrounds’ fully activated Chicago flagship workplace.”

Jim Suber with Strategic Real Estate Advisory represented CommonGrounds in the lease negotiations.