CommonGrounds Workspace: San Diego coworking space provider entering D.C. market

CommonGrounds Workplace, a San Diego-based coworking space provider, will open its first D.C. location in early 2020 as part of a nationwide expansion. CommonGrounds secured $100 million in a Series A round in January to bring the workplace-as-a-service company to about 50 new locations, expecting to lease 2 million square feet in 24 months. One of these imminent locations will be 1500 K St. NW at McPherson Square. The 11-year lease covers the entire second floor of the 11-story building in addition...