Chicago & Midwest + Downtown + Office | December 19, 2022

Fetch Rewards is relocating its Chicago offices to 609 W. Randolph St., a 15-story West Loop office building completed earlier this year

Fetch Moves Chicago Offices to West Loop

Shopper rewards app Fetch Rewards has signed a lease for more than 21,000 square feet on the top three floors of 609 W. Randolph St., a 15-story West Loop office building completed earlier this year, reported Crain’s Chicago Business. The company is based in Madison, WI but has its largest office in Chicago, and will relocate to the building from roughly 14,000 square feet it subleases at 300 S. Riverside.

The deal aligns with the trend of downtown office tenants flocking to new and recently updated buildings since the start of the COVID-19 pandemic, a movement mainly driven by companies looking for ways to entice workers to show up to the office rather than work from home.

Fetch’s lease represents a win for New York-based Vista Property Group, which developed the 100,000-square-foot building on spec. Crain’s said the deal brings occupancy to 63%, according to CBRE, which oversees leasing.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).