Industrious inks lease with Coretrust at Citigroup Center, expanding LA reach

The co-working firm's 22K sf lease will be its 6th location in LA County

Katharine Lau, Senior Director of real estate for Industrious and the Citigroup Center tower in downtown Los Angeles (Credit: Wikimedia)
Katharine Lau, Senior Director of real estate for Industrious and the Citigroup Center tower in downtown Los Angeles (Credit: Wikimedia)

Co-working company Industrious has inked a deal for its second Downtown Los Angeles location and sixth overall in the county. It also has one in Irvine.

The New York-based firm will take 22,275 square feet at Coretrust Capital Partners’ 48-story Citigroup Center. The space at 444 South Flower Street will be known as Industrious Bunker Hill, according to Industrious. It will include traditional co-working amenities, spaces and private offices for teams of up to 20 people.

The firm closed an $80 million round of funding last February, and a month later inked leases in Century City and in Irvine — totaling 26,000 square feet.

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More recently, Industrious announced an upcoming location is set to open this spring in Playa District — between Culver City and Playa Vista — where it will have about 140,000 square feet of office suites, amenities and conference rooms. In November, it signed lease for 24,000 square feet at Granite Properties’ 500@TheBrand in Glendale.

In New York, Industrious recently announced it was tripling its footprint there, after signing three leases in Manhattan.