Logistics Firm MoLo Puts Fulton Market Office Space Up for Sublease
MoLo Solutions, a third-party logistics provider, is looking to sublease nearly 47,000 square feet of its Fulton Market office space. Located at Shapack Partners’ 17-story building at 167 N. Green Street, the company is aiming to unload roughly half of its space, reportedCrain’s.
Belle Spinell, Kellen Monti, and Matt Carolan of JLL are marketing the space. The move comes just two years after the logistics firm signed a lease for 93,710 square feet, occupying floors 14 and 15. MoLo’s co-founders were recently dismissed by its parent company ArcBest, which bought MoLo for $235 million in 2021.
Although Fulton Market has seen a flurry of promising office space activity, MoLo joins fellow tenants who have put up space for sublease. 167 N. Green Street is also home to WeWork, which leases 93,000 square feet on two floors in the building. WeWork recently signaled “substantial doubt” about its future.
Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories.
With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.