Cocktail machine maker expands headquarters to Chicago’s Fulton Market

Bartesian chose the location seeking to hire more talent in the rapidly developing area

Chicago /
Feb.February 15, 2022 10:13 AM

Bartesian’s Ryan Close (Bartesian, Google Maps)

Cocktail machine maker Bartesian is expanding its headquarters to Chicago’s Fulton Market, after explosive sales growth during the pandemic.

Bartesian aims to hire more talent at its 10,000-square-foot space at 452 North Sangamon Street, which is five times the size of its current River North office, Crain’s reported. A three-year-old company of 14 employees, Bartesian saw triple-digit revenue growth in 2021 and is on track to reach $100 million in annual revenue.

“We’re trying to attract and recruit talent,” Bartesian’s founder and CEO Ryan Close said. “Who doesn’t want to be around here?”

Fulton Market, a bright spot in Chicago’s pandemic-battered office market, attracted new tenants to its new and renovated Class A buildings during the pandemic. Chicago’s upscale convenience store chain Foxtrot leased a 30,000-square-foot lease last year at 167 North Green, where WeWork software company CCC Intelligent Solutions are tenants. McDonald’s supplier Havi Group and food-packaging startup Hazel Technologies also joined the list of companies that inked leases in Fulton Market in 2021.

While Bartesian plans to grow its team by more than three-fold to 30 employees in the next two years, the firm faces a challenge of labor shortages in the market and supply chain issues. Close said recruiting the right talent has been an uphill battle and certain products were slower to roll out due to supply chain disruptions.

The pandemic gave a boost to the business at Bartesian, which created a machine that users can pop in cocktail pods and load in liquor of their choice. In addition to selling $370 cocktail machines, the firm also generates profit from licensing deals, selling cocktail capsules and ancillary items like pod holders.

In “2020 and 2021, the name of the game was just trying to keep up with the appliance demand,” Close said. “January and the first weeks of February have been blazing hot.”

[Crain’s] – Connie Kim





    Related Articles

    arrow_forward_ios
    The Boeing Building at 100 North Riverside Plaza (Chicago.gov)
    Chicago’s Boeing Building loses another office tenant
    Chicago’s Boeing Building loses another office tenant
    311 West Huron Street (Verso River North, iStock)
    Full construction permit issued for mixed-use building in River North
    Full construction permit issued for mixed-use building in River North
    Bears George McCaskey with Soldier Field
    Minor league baseball complex aired for new Chicago Bears stadium
    Minor league baseball complex aired for new Chicago Bears stadium
    Developer Mike Reschke and the James R. Thompson Center at 100 West Randolph Street (ajay_suresh, CC BY 2.0/via Wikimedia Commons)
    Google hunts for Chicago offices as Reschke denies Thompson Center sale
    Google hunts for Chicago offices as Reschke denies Thompson Center sale
    Fritz Kaegi (iStock)
    Chicago Assessor Kaegi wins primary, fending off trade union challenge
    Chicago Assessor Kaegi wins primary, fending off trade union challenge
    The John Buck Company's chairman and CEO John A. Buck II in front of a rendering of the planned two-tower office building project at 655 West Madison Street (The John Buck Company, Juan Gabriel Moreno Architects, iStock)
    John Buck shifts to two-tower plan for West Loop project
    John Buck shifts to two-tower plan for West Loop project
    Belgravia Group's chairman Alan D. Lev and 1319 East Golf Road in Schaumburg (Belgravia Group, Google Maps, iStock)
    Belgravia cashes out of Chicago PGA store with $19M pandemic flip
    Belgravia cashes out of Chicago PGA store with $19M pandemic flip
    311 W Walton Street (LoopNet)
    River North office building triples in value since 2014
    River North office building triples in value since 2014
    arrow_forward_ios

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

    Loading...