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Chicago Tech Firms Continue Expansions

CHICAGO—The sector has become a key player in maintaining momentum in the CBD's office market.

chi-1NDearborn (5) 1 N. Dearborn St. in downtown Chicago.

CHICAGO—PowerReviews, a Chicago-based software firm, has just decided to double the amount of space it occupies in the CBD. The company signed a lease for 52,000 square feet at 1 N. Dearborn St., a significant expansion from the 21,000 square feet it currently leases at 180 N. LaSalle St. CBRE negotiated the long-term lease on the firm’s behalf.

“This is the fourth move we have worked on with CBRE.  It is important to have partners that you trust so you can move quickly,” says Matt Moog, chief executive officer, PowerReviews “We have more than doubled our size in the past year. We will now have space for more than 300 employees as we continue to grow and add new positions.”

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Brian J. Rogal

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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