Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Braze Inks Sublease in Chicago Expansion
Customer engagement platform Braze, Inc. subleased a 50,023-square-foot full floor in a multiyear transaction at Shorenstein Properties’ One North State Street. The tenant, which went public last November, was represented by Savills’ Robert Sevim, Gabe Marans and Cullen Hurley.
“Braze is growing globally, and we’re thrilled that Chicago is one of the cities where the company’s presence continues to expand,” said Sevim. “The full floor at One North State was fully built-out recently and offers the optimal configuration for a growing technology company.
“The existing conditions provided significant benefits for cost mitigation, as Braze only needs to make minimal modifications to the space,’ he continued. “Owner Shorenstein Properties has invested heavily in the property and created a best-in-class tenant amenity space, including an outdoor deck that is rare for an office building situated along State Street.”
CBRE’s Allison Olszta, Brad Serot and Paul Reaumond represented Showpad, the sublessor.
- ◦Lease
