Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Freight Tech Firm Relocates HQ to West Loop
Freight technology firm Loadsmart is moving its headquarters to Brookfield Properties’ redeveloped 175 W. Jackson Blvd. in the West Loop. The relocation to an approximately 35,000-square-foot space comes as the company has achieved 232% year-over-year revenue growth and plans to boost its local head count.
The 175 W. Jackson space will feature socially distanced workstations, modern amenities and additional room to accommodate future needs.
“As a major innovation hub in the U.S. and home to a robust ecosystem of incubators, accelerators, and industry groups, Chicago is a thriving center of freight logistics,” said Felipe Capella, co-founder and co-CEO of Loadsmart. “Loadsmart has had a presence in Chicago for many years and we are extremely proud to take advantage of its advanced infrastructure to expand our footprint here.”
Cushman & Wakefield’s Jordan Decker represented Loadsmart. Jack O’Brien, Jeff Dowdell, and JD Parcheta of The Telos Group, LLC represented ownership.
- ◦Lease
