Like it has in other major cities, co-working has rapidly expanded in the city over the last several years. San Diego-based CommonGrounds has signed a 10-year lease on nearly 30,800 sq ft of space in the John Buck Company tower in Chicago’s financial district. The company is one of several that have been looking to expand into Chicago and other major cities across the country. The company has four locations in California, and a presence in Minneapolis, Portland, and Salt Lake City. Regus, the early leader in Chicago’s flexible office market, has been overtaken by WeWork, which now controls nearly a quarter of the market.
San Diego-based CommonGrounds has signed a 10-year lease on nearly 30,800 sq ft of space in the John Buck Company tower in Chicago’s financial district. The company is one of several that have been looking to expand into Chicago and other major cities across the country. The company has four locations in California, and a presence in Minneapolis, Portland, and Salt Lake City. Regus, the early leader in Chicago’s flexible office market, has been overtaken by WeWork, which now controls nearly a quarter of the market.