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Industrious Acquires Chicago-Based Coworking Company Assemble

Allwork.Space - PressbyAllwork.Space - Press
August 15, 2018
in Press
Reading Time: 2 mins read
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Industrious doubles its Chicago footprint, acquires coworking operator Assemble

Industrious doubles its Chicago footprint, acquires coworking operator Assemble

NEW YORK— Industrious, the largest premium workplace provider in the U.S., today announced that it has acquired Assemble, a Chicago-based shared workspace provider. The deal will include 42,000 square feet of office space and all three of the Assemble offices: Wicker Park, Old Town and West Loop.

Founded in 2013, Industrious provides premium coworking and flexible workplace solutions to established companies and enterprises ranging from small businesses to Fortune 500 brands, including household names such as Lyft, Hyatt, Pandora and Chipotle. The company has seen extraordinary growth in the past year, now operating over 50 coworking spaces in 33 cities nationwide. Industrious currently runs three offices in Chicago โ€“ Evanston, Fulton Market and River North โ€“ and this acquisition will double Industriousโ€™ Chicago presence.

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โ€œAssemble is a powerful asset to our growth in the Chicago market and we look forward to welcoming Assemble members into our diverse and growing network of national leaders,โ€ said Jamie Hodari, Co-Founder and CEO of Industrious. โ€œThis is a really unique opportunity to not only build on the vibrant coworking spaces that Assemble has already created, but also to greatly increase our presence in Chicago.โ€

โ€œWe are excited to work with the Industrious team to realize our shared vision for what coworking can be,โ€ said Phil Domenico, Co-Founder and CEO at Assemble. โ€œChicago is home to an extraordinarily dynamic business community, and we see an immense opportunity for these three coworking spaces to flourish.โ€

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Starting today, Assemble customers will become a part of Industriousโ€™ national network of members, with access to all Industrious locations across the country.

About Industrious

Industrious is the largest premium coworking solution and flexible workspace provider in the U.S. We take pride in our hospitality-focused approach to creating and maintaining beautiful, productive work environments for our nationwide customer base of established companies and enterprises. As a service-driven company that believes in consistently delivering the best experience at work, our stunning, design-driven workspaces and best-in-class services and amenities instill a sense of pride in our customers and empower our community to be their best each day. Learn more at www.industriousoffice.com.

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