WeWork Continues Expansion in Chicago
WeWork reports it plans to open the new facility on Nov. 1 and will be occupying space on floors 18 through 20.
CHICAGO—Co-working office space provider WeWork has signed its 12th lease deal in Chicago. The New York City-based firm has signed a lease for more than 90,000 square feet at 625 W. Adams St.
WeWork reports it plans to open the new facility on Nov. 1 and will be occupying space on floors 18 through 20. The deal brings WeWork’s portfolio in the city to more than 1 million square feet, which makes the firm the largest tenant of leased office space in Chicago, according to the Chicago Tribune.
The anchor at the building developed by White Oak Partners, CA Office and Vanderbilt Partners is CDW, which leased approximately 300,000 square feet at the 20-story, 438,000-square-foot tower in the West Loop.
“In addition to a great location and proximity to transit options, WeWork 625 W. Adams will provide our members with beautiful, flexible workspace and access to a wealth of retail, dining and residential amenities being developed in the area,” says Megan Dodds, Midwest general manager for WeWork. “By continuing to expand in Chicago, we look forward to providing more companies of all sizes with the space and global community they need to succeed.”
WeWork’s other Chicago locations include: 1 South Dearborn, 222 South Riverside Plaza, 167 North Green St., 111 W, Illinois St., 1 W. Monroe St. 220 N. Green St., 330 North Wabash, 332 S. Michigan St., 515 N. State St., 20 W. Kinzie St. and The National at 125 S. Clark St.
Earlier this month, WeWork announced new lease transactions in Los Angeles. The new locations include 11,050-square feet at 8305 Sunset; 14,430 square feet at 1453 3rd Street Promenade and 5,800 square feet at 1547 9th Street in L.A. All three locations will open later this year.