CHICAGO—The West Loop has become the CBD’s hottest office market and one of the reasons is the desire of many tech firms to find a downtown home. And Newark element14, an electronics and engineering firm, is just the latest tech company to make this move after spending the last 34 years in Ravenswood on the North Side. Beginning this week, the firm will occupy all of the 22nd and part of the 23rd floors of 300 S. Riverside Plaza, a total of 65,000-square-feet. It’s at least the second major lease recently signed for the 23-story tower. In 2013, Zurich American Insurance signed a lease for more than 100,000-square-feet.

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