CommonGrounds Workplace has signed an 11-year lease for 29,509 sq ft at Grosvenor Americas’ recently renovated heritage mixed-use property at 1500 K Street in Washington DC. The deal is the workplace-as-a-service company’s fourth this year and is part of its $100m series A funding expansion programme. CommonGrounds collaborates with office owners to provide premium flexible co-working space for enterprise clients of all sizes. “Working from home can be a great way to work on your own schedule, but it also means you have more time to spend with family or friends,” said Mark DeMarco, CEO of CommonGrounds.
CommonGrounds Workplace has signed an 11-year lease for 29,509 sq ft at Grosvenor Americas’ recently renovated heritage mixed-use property at 1500 K Street in Washington DC. The deal is the workplace-as-a-service company’s fourth this year and is part of its $100m series A funding expansion programme. CommonGrounds collaborates with office owners to provide premium flexible co-working space for enterprise clients of all sizes. It currently operates five locations in the US with a further five venues due to open in Fort Worth, Houston, Los Angeles, Minneapolis and Portland over the next few months.