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Chicago & Midwest  + Downtown  + Office  | 
Online lender Avant is in discussions to lease about 80,000 square feet at theMART

Avant in Talks for 80K SF at Vornado’s theMART 

Online consumer lender Avant is in advanced talks to lease around 80,000 square feet at Vornado Realty Trust’s theMART, Crain’s Chicago Business reported. The new office would be double the size of the company’s 40,000-square-foot headquarters across the river at 222 N. LaSalle St., which it has occupied since 2015.  

If it’s completed, the Merchandise Mart deal would stand out as a major office expansion and sizable new commitment to physical office space, Crain’s reported. It would be an especially big victory for Vornado, which has seen some of its prominent tenants depart over the past few years and others look to shrink their footprints in the building through subleases. 

Vornado is planning to begin work this year on a major renovation to the building’s first two floors, hoping it will help it compete with the Fulton Market District and other new and renovated office buildings downtown. 


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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 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).

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