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CommonGrounds Inks Deal To Take Up 62K Square Feet In Philadelphia

Aayat AlibyAayat Ali
July 25, 2019
in News
Reading Time: 1 min read
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San Diego-based coworking company CommonGrounds has announced a new deal to take up 62,000 square feet of office space on Market Street in Philadelphia’s Center City. The firm will also run a regional headquarters out of the location.

CommonGrounds has been expanding following its $100 million series A funding round, with six new leases signed since January. Currently, the operator has locations across the entire country with plans to expand into Washington D.C., Atlanta, and Seattle in 2020.

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At the time of the announcement, CommonGrounds’ new location would be the largest coworking space in Philadelphia. The Market Street area is filled with numerous competitors, such as WeWork, Industrious, The Yard, and many others.

Tags: daily_digest
Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

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