He adds that its deal at 33 N. LaSalle marks its first activated partnership with a landlord where it will run the event and meeting spaces for the entire building along with its workplace space.

The historic-rich, pre-war 402,000 square foot office tower, originally known as the American National Bank building, was constructed in 1928 and was fully renovated in 2016 while retaining the original architectural details. A secure bike room, 7,500 square foot fully loaded fitness center, large conference center, full bar, and catering kitchen, and golf simulator are just some of the available amenities at the tower that is located directly across the street from the Chicago’s City Hall. The building includes soaring 25-foot ceilings, two internal staircases and dozens of restaurants, hotels, retail and services within walking distance.

The renovation of the CommonGounds space will be overseen by the company’s in-house design division. Chicago-based Partners by Design is the architect of record. Sound abating demountable wall systems by Milan, Italy-based Tecno, and customizable enterprise-grade furniture by San Francisco-based Pair (MadeByPair.com) will be utilized in the workplace, the company reports.

Jon Cordell and Jess O’Hara with Newmark Knight Frank represented ownership. Jim Suber with Strategic Real Estate Advisory represented CommonGrounds in the lease negotiations.