WeWork and Regus has purchased a more than 2 million square feet , 50,400 sq ft property located at Chicago 's 405 W Superior Street in W. Superior Street , its third location in the city. Novel, the biggest owner-operator of flexible office space in the US , plans to redevelop the property to provide a range of office formats from co-working desks to private suites. CHICAGO, IL, UNITED STATES, November 6, 2018 /EINPresswire.com/ -- Novel Coworking, the largest owner-operator of coworking space in the U.S., is expanding to its fifth Chicago location with the purchase of 405 W. Superior Street in River North. The company claims its business model, which does not charge by the desk, appeals to companies seeking space for 405 employees, often as they outgrow accommodation at the likes of WeWork and Regus .
WeWork and Regus has purchased a more than 2 million square feet , 50,400 sq ft property located at Chicago 's 405 W Superior Street in W. Superior Street , its third location in the city. Novel, the biggest owner-operator of flexible office space in the US , plans to redevelop the property to provide a range of office formats from co-working desks to private suites. The company claims its business model, which does not charge by the desk, appeals to companies seeking space for 405 employees, often as they outgrow accommodation at the likes of WeWork and Regus .