20+ major corporations are moving offices from the suburbs to downtown Chicago in an effort to be more attractive to millennials who want to live an urban lifestyle. A short list of these companies is listed below, with the majority moving into the Loop and the hip Fulton Market District — enjoying a more centrally located home base. This is an ongoing trend with over 50 companies relocating downtown over the last 10 years. Even long settled companies like McDonald’s are making the transition as a part of its overall plan to reinvigorate sales and brand image. Most of these transitions are done to fuel growth while attracting the best talent. As a result, we are also seeing fresh job creation for the area.
With these moves, the Chicago real estate market will feel some of these shifts immediately. We are here to help anyone who needs to re-locate and/or sell their homes. We keep a close pulse on the market and will make the transition quick and easy.
For more information on how we can help you, contact [email protected] or [email protected] today.
SUBURBAN TO URBAN:
CORPORATIONS RELOCATING DOWNTOWN
| Company | Current HQ | New HQ |
| Caterpillar | Peoria | O’Hare Area |
| McDonalds | Oakbrook | Fulton Market |
| Dyson | Chicago Avenue | Fulton Market |
| Home Chef | River North | Wrigley Building on Michigan Avenue |
| First Midwest Bank | Itasca | Triangle Plaza |
| Beam Suntory | Deerfield | Merchandise Mart |
| Wilson Sporting Goods | O’Hare Area | Prudential Plaza |
| Mars Wrigley Confectionery | Hackettstown, NJ | Goose Island |
| ITEMMASTER | Skokie | Financial District |
| Les Mills International | Baltimore & San Francisco | River North |
| exp. | Toronto | N. Michigan Avenue |
| Walgreens (moving 1300 employees) | Deerfield | Old Post Office Building off West Van Buren |
| Ferrara Candy | Oakbrook | Near West Side |
| FTD | Downers Grove | Chicago’s Tech Triangle |
| Komatsu America Corp | Rolling Meadows | Triangle Plaza |
| Crate & Barrell | Fulton Market | Logan Square |
| ConAgra Brands | Omaha, NE | Merchandise Mart |
| Kraft Heinz | Northfield | Aon Center |
| Peapod | Skokie | West Loop |
| DMG MORI | Hoffman Estates | Chicago’s South Side |
| Ferrara Candy | Oakbrook Terrace | Old Main Post Office |