Motorola Mobility Subleasing 90k SF at Merchandise Mart

The Merchandise Mart's transformation into a center for tech companies continues with VelocityEHS moving its corporate HQ there. The Chicago-based software firm leased 90k SF at the Mart from Motorola Mobility and will move from its existing HQ at 350 N Orleans.

VelocityEHS saw sustained growth this year due to regulatory changes and an internal focus on safety and sustainability. The company added 100 jobs and now employs 300 people. Moving to Merchandise Mart gives Velocity a presence in the CBD to attract and retain employees, while joining a growing tech community in the 4M SF building.

Velocity expects to complete its move early next year.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

Cross Ocean Partners, Fuller Realty Acquire 829K SF Houston Office Campus

108-Acre Hawthorne Race Course Buyer Could Put Data Center On Site

NYC Office Investor Warns It Could Go Under As Defaults Pile Up

Deutsche Bank Takes 5 Floors At Oaktree And Quadrant's Canary Wharf Scheme

Coconut Grove Office Flipped For $15M Gain After One Year

D.C.'s Office Market Is Getting A Makeover

Oxford Properties Pays $435M For Boston Office Tower, Eyes More Deals

Oak Brook Investor Scoops Up Suburban Multifamily Community: The Chicago Deal Sheet

Judge Rules FBI Can't Scrap Maryland Headquarters Plan

EXCLUSIVE: Opal Holdings' Former 700K SF Suburban Chicago Office Campus Hits The Market

Judge Approves $70M Sale Of Philly's Largest Office Complex

Big-Box Deals Push Chicago Industrial Leasing Into National Top 3