Big foot: Google takes another 800K sf at Fulton Market

The tech giant’s presence in Downtown would jump to about 1.3M sf, all in Sterling Bay-owned properties.

TRD CHICAGO /
Nov.November 07, 2019 12:00 PM
Google CEO Sundar Pichai and Sterling Bay CEO Andy Gloor (Credit: Getty Images and Lou Stejskal via Flickr)

Google CEO Sundar Pichai and Sterling Bay CEO Andy Gloor (Credit: Getty Images and Lou Stejskal via Flickr)

Google is close to inking a deal with Sterling Bay to more than double its office footprint in Fulton Market. Google is making Sterling Bay its go-to developer for its ever increasing office portfolio in the city.

The tech giant will occupy all 800,000 square feet of space in two Sterling Bay buildings: the 11-story 345 N. Morgan St.; and the 18-story 1000 W. Carroll Ave., according to the Chicago Tribune. The now embattled WeWork recently pushed past 1 million square feet of office downtown, after it announced plans for its 12th location in Chicago.

If as expected Google expands its total office space in Chicago to about 1.3 million square feet — it already has 500,000 square feet — it would become one of the largest tenants in the Downtown.

The new urban campus would create enough room for Google to hire thousands of new workers, according to the Tribune. Google has more than 1,200 employees in Chicago already.

When Google moved its Midwest headquarters four years ago to the Sterling Bay-developed building at 1000 West Fulton Street — it took 372,000 square feet there — it helped fuel the development frenzy in the trendy West Loop neighborhood. Since then, the company signed a lease for 132,000 square feet nearby in Sterling Bay’s new 210 North Carpenter Street location. [Tribune] — Brianna Kelly


Related Articles

arrow_forward_ios
Sterling Bay CEO Andy Gloor and 1515 West Webster Avenue (Google Maps)

Sterling Bay will sell Lincoln Yards office building for over $100M

Sterling Bay will sell Lincoln Yards office building for over $100M
110 N Carpenter Street in Fulton Market (Photo via Sterling Bay)

Sterling Bay, JPMorgan near deal to sell McDonald’s HQ for $430M

Sterling Bay, JPMorgan near deal to sell McDonald’s HQ for $430M
300 North Elizabeth Street with John and Stephen Calk (Google Maps, Federal Savings Bank, Getty, iStock)

Federal Savings Bank is leaving Fulton Market but not Chicago

Federal Savings Bank is leaving Fulton Market but not Chicago
1100 W. Fulton Market (Courtesy of Fulton St. Co.)

$40M building could break Fulton Market records

$40M building could break Fulton Market records
Hamid Moghadan and 455 N Ashland Ave (Credit: Google Maps)

Prologis buys warehouse near Fulton Market District

Prologis buys warehouse near Fulton Market District
Marquette Companies CEO Nick Ryan and a rendering of 1400 West Randolph Street (Credit: Marquette Companies and Brininstool + Lynch)

Marquette lines up construction financing for Fulton Market rentals

Marquette lines up construction financing for Fulton Market rentals
Sandeep Mathrani, 1155 W. Fulton and 1114 W. Fulton (Credit: Google Maps and John Sciulli/Getty Images for Bloomingdale's)

Exit strategy: WeWork eats Fulton Market leases

Exit strategy: WeWork eats Fulton Market leases
Leslie Hindman has listed the two-building property at 1332 and 1338 West Lake Street in Fulton Market.

Going once: Auctioneer lists her Fulton Market office, testing demand

Going once: Auctioneer lists her Fulton Market office, testing demand
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...