Chicago & Midwest + Downtown + Office | May 24, 2022

CIM Group has signed ScalpTrade to a lease at 425 S. Financial Place in Chicago

ScalpTrade Relocates Headquarters to CIM Tower in Central Loop

CIM Group finalized a long-term lease with ScalpTrade, a proprietary trading firm and technology service provider, for 13,000 square feet at 425 S. Financial Pl. in Chicago’s Central Loop. The company will occupy space on the 36th floor for its corporate headquarters.

“We are pleased to be relocating our office to 425 S. Financial in the Chicago loop, a space that can accommodate our growing business demands. The move will enable us to enter the next chapter of our growth and success while providing our team members with state-of-the-art infrastructure, high end finishes, and top-class amenities,” said Stanley Awdisho, founder, ScalpTrade.

Located between South Financial Place and South LaSalle Street, 425 S. Financial is a 40-story, approximately one million-square-foot office complex including a 954,000-square-foot tower, 83,000-square-foot annex overlooking Ida B. Wells Drive, 45,000-square-foot landscaped public plaza, a 5,000-square-foot retail building, and a 325-space underground parking garage.

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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).