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Novel Coworking purchases Downtown Madison building

MADISON, WI, UNITED STATES, October 2, 2018 / -- Coworking company Novel Coworking is expanding into Downtown Madison with the purchase of 345 W. Washington Ave. The Chicago-based company acquired the building on October 1 and plans to renovate it to provide modern and affordable workspace. Built in 1980, the 95,000-square-foot building is five floors high and features an on-site parking garage. Pre-leasing is already underway for private offices, office suites, and coworking memberships.

“Madison’s professional services job growth is impressive, and we are excited to offer local business owners and enterprise companies flexible, budget-friendly, workspace with great amenities in a fantastic location,” said Bill Bennett, Founder of Novel Coworking.

Novel Coworking’s members get 24/7/365 access to the building and vibrant coworking lounge, blazing fast direct fiber internet, all utilities, an espresso bar, local beer on tap, modern furnishings, and community events included in rent. With coworking memberships starting at $99 a month, private offices starting at $499 a month, and office suites as low as $199 per employee a month, Novel Coworking provides small businesses, enterprise firms, and entrepreneurs with high-caliber amenities at a budget price.

“We are drawn by Madison’s supportive environment for business,” said Bennett. “The city’s strong growth in recent years makes it the perfect place for a Novel Coworking to serve the diverse mix of entrepreneurs and business owners.”

About Novel Coworking
Novel Coworking provides fully-furnished, technology-equipped, and affordable workspace to small businesses, entrepreneurs, and enterprise companies. Novel Coworking members have access to 2 million square feet of workspace in 26 locations including Alexandria, Boulder, Charlotte, Chicago, Cincinnati, Dallas, Denver, Houston, Indianapolis, Jacksonville, Kansas City, Madison, Minneapolis, Nashville, Phoenix, Pittsburgh, Richmond, San Diego, Savannah, and Seattle. For more information, please visit

Allison Voigts
Novel Coworking
(312) 380-0928
email us here