Novel Coworking has announced it will include private offices, office suites, and coworking space at its fifth Chicago location on West Superior.

The company acquired the 50,400 square foot building in November and have renovated it into a large workspace that can accommodate companies of various sizes.The purchase allows the company to make infrastructure improvements, such as fiber internet and custom-built suites.

“Novel’s office suites have been especially well received by firms with 10-150 employees that outgrow WeWork, Industrious, Regus, and 1871, as we are able to provide flexible terms on move-in ready suites with a range of sizes that grow with companies,” said Bill Bennett, founder of Novel Coworking. “Unlike some competitors, we do not charge by the desk, so we never punish firms for growing within Novel Coworking.”