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WiredScore Expands to Chicago Amid Groundswell of Landlord Demand
WiredScore, the New York-based company behind an international rating system for technological capacity in commercial properties, has expanded to Chicago, tapping former Colliers International VP Christine Torres to run the new operation. The decision to invest in Chicago as a flagship market comes amid a groundswell of demand from some of Chicago’s top office landlords.
“2017 was a recording-breaking year for Chicago in terms of venture capital funding, with $1.6 billion going to local startups and tech companies,” said Torres. “It’s more important than ever that owners and developers are serving the digital needs of high-growth organizations so that they can continue to thrive.”
A recent CoStar report said that WiredScore certification helps landlords more easily communicate their connectivity as an asset to prospective tenants, prompting shorter leasing cycles and an increase in price per square foot. To date, 19 Chicago properties totaling 22 million square feet, have been certified.
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