search

The Real Deal Logo

Trending

Billionaire hedge funder Larry Robbins makes South Florida moveBillionaire hedge funder Larry Robbins makes South Florida move“I wouldn’t use it, I would just lock the door”: Landlords pan new rehab law“I wouldn’t use it, I would just lock the door”: Landlords pan new rehab lawHow Hochul played the “good cause eviction” game, and wonHow Hochul played the “good cause eviction” game, and wonTides Equities faces three foreclosures in Fort WorthTides Equities faces three foreclosures in Fort Worth
Commercial
Chicago

Software company latest tech firm to take big space Downtown

ServiceNow signed a lease for 48K sf in a McCaffery Interests’ office project in Fulton Market

Dan McCaffery and Twelve01West
Dan McCaffery and Twelve01West

Software-maker ServiceNow inked a big lease in Fulton Market, becoming the latest tech firm to commit to an expansion Downtown.

The California-based firm is taking 48,000 square feet across two floors in the newly-opened McCaffery Interests building at 1201 West Lake Street, according to Crain’s.

Sign Up for the undefined Newsletter

The maker of business software had been operating out of an Industrious co-working spot in the neighborhood since last year, and the firm plans to fill the new space by tripling its staff by the end of next year.

Google, Facebook and Salesforce also all have signed big office leases Downtown in the past year.

ServiceNow joins Coca-Cola and Heritage Bicycles as tenants in the 150,000-square-foot building that McCaffery built on spec. The developer is also moving its corporate headquarters into the building as it converts a 37,500-square-foot warehouse a block away at 1115 West Fulton Street into a mixed-use complex. [Crain’s] — John O’Brien

Tags
Commercial Real EstateFulton MarketMcCaffery InterestsOffice