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Cushman & Wakefield’s ‘Tech Cities 2.0’ report confirms Chicago as a major tech hub for the U.S.

Low cost of living relative to other tech markets gives Chicago a leg up Chicago, October 12, 2018 – Cushman & Wakefield today released Tech Cities 2.0 an annual report that identifies existing and emerging tech centers increasingly driving the North American economy and details their impact on the commercial real estate sector. Historically a hard goods hub, Chicago has established itself as an important city for technology (see video clip) and an increasingly appealing choice for tech companies and the young talent they are attracting – with companies like Microsoft, Google, Salesforce and others setting up major operations in the City. Further, non-tech companies reliant on strong tech functions are moving to the City of Chicago because of its strong talent pool. “A confluence of factors such as access to talent, top universities, a relatively low cost of living, and relatively inexpensive real estate costs make Chicago a very appealing [...]

Cushman & Wakefield Represents Snap36 in Fulton Market HQ Relocation

Growing Tech Firm Triples its Office Space in Vibrant, Chicago CBD Submarket CHICAGO, July 11, 2018 – Cushman & Wakefield announced today that the firm has represented Snap36 in expanding and relocating its headquarters to over 42,000 square feet (SF) at 219 N. Paulina St. in Chicago’s Fulton Market district. Snap36, ranked as one of the fastest growing companies on the Inc. 5000 for the past three years, is a product content services company that specializes in 360°/3D imagery and technology. Cushman & Wakefield Senior Director Adam McCostlin and Director Jordan Decker represented Snap36, while CBRE Senior Vice President Mitch Adams represented ownership of 219 N. Paulina St. Snap36 experienced a 966% growth rate and expanded its occupancy footprint 6X, from 7,000 SF to 42,000 SF, in three years, rendering the company’s previous space in another corner of Fulton Market insufficient. The new creative space at 219 N. Paulina now [...]