Chicago Growing, June 2012


Chicago Mayor Rahm Emanuel recently joined DeVry Inc. President and CEO, and WBC Board member, Daniel Hamburger to welcome DeVry Online Services to its new Chicago home office at 300 S. Riverside Plaza. DeVry will bring 600 jobs over nine years to the West Loop neighborhood.

DeVry opened its office earlier this month with more than 200 employees. Approximately 150 of these employees relocated from other Illinois locations, and 60 were newly filled positions. DeVry plans to hire an additional 400 employees to work in the Online Services unit in the coming years.

“Founded in Chicago, DeVry has been an innovative leader in higher education and a valuable contributor to Chicago’s workforce development for numerous years,”said Mayor Emanuel. “The jobs created at the new DeVry Online Services location reflect Chicago’s commitment to creating an environment where businesses can grow and thrive.”

“Chicago is a great city for organizations that need to hire young professionals,”said Hamburger. “We could have placed these employees anywhere in the country but we felt the combination of quality talent, resources and office space made Chicago our best choice.”

In addition to DeVry, many other companies located or expanded in Chicago this quarter, noted in this month’s Chicago Keeps Growing list:

Aeroterm, a Canadian-based real estate developer, plans to build a new $200 million ‘Northeast Cargo Center’ at O’Hare, creating 1,200 construction jobs, 1,200 permanent on-site cargo jobs and 10,000 regional jobs.

American Safety Insurance, a Bermuda holding company, established a Chicago office to expand its specialty primary casualty and excess underwriting units and hired a team of underwriters.

American Society for Surgery of the Hand is reconstructing a new corporate headquarters facility within an existing 30,000-square-foot space at 822 W. Washington Blvd.

Bank of New York Mellon Corp., the nation’s seventh-largest bank, announced plans to add more local talent to bring its local wealth-management arm to about 20 people.

BDO USA LLP, a professional services firm providing assurance, tax, financial advisory and consulting services, moved its Chicago office into 33,267 square feet at 330 N. Wabash.

BlueMetal Architects, a Massachusetts-based technology architecture firm, announced the opening of a Chicago office to service a growing customer base.

Braintree, an online payment company, leased 26,350 square feet at 111 N. Canal St. for its headquarters.

Bramidan, a Danish supplier of balers and compactor solutions for recyclable materials, officially opened its North America office at the Danish Consulate, 875 N. Michigan Ave.

Capco, a global business and technology consultancy dedicated to the financial services industry, expanded with the opening of its first Chicago office at 190 S. LaSalle St.

Chicago Title Insurance Co. leased 86,207 square feet at 10 S. LaSalle St., leasing floors 30 through 32 and part of the 27th floor.

Dechert L.L.P., an international law firm focused on corporate and securities, complex litigation and international arbitration, has opened a Chicago office and hired securities litigation lawyers.

Decorative Container Inc., a full service silk-screen printer and packaging distributor, purchased a 38,000-square-foot building at 6935-39 W. 62nd St.

DNAinfo, a hyper-local news company based in New York, is expanding into Chicago and is hiring a managing editor and senior editor to help get Chicago operations off the ground.

Dotomi Inc., a Chicago-based advertising tech firm, is tripling its space to more than 80,000 square feet in a move to 101 N. Wacker Dr. after its $295 million sale to one of the Web’s largest ad networks.

eClinicalWorks, a Massachusetts-based ambulatory clinical systems company, announced the opening of a Chicago location at 8700 W. Bryn Mawr Ave., providing a central U.S. presence and focusing on electronic health records (EHR).

Edo Interactive, a Nashville-based digital marketing company backed by Chicago-based Baird Venture Partners, plans to double or triple its Chicago workforce over the next four months.

Etherios, a Dallas-based cloud computing expert services provider, announced plans to hire additional staff out of its Chicago office at 190 S. LaSalle St.

Facebook Inc., renewed its lease at 10 S. LaSalle St. and expanded to 7,932 square feet in the building.

GE Transportation, a rail, mining and marine industries equipment company, announced it will move its global headquarters and approximately 50 global support and service operations employees from Pennsylvania, with plans to grow its staff to 150 by 2014.

G.H. Financials Limited (GHFL), a global clearing services company, expanded with the opening of a new Chicago office at 311 S. Wacker Dr.

Ghafari Associates LLC, an architecture firm, has increased its space by almost 60 percent, to nearly 27,000 square feet, as part of a move to 122 S. Michigan Ave.

Global Financial & Remarketing Services, LLC, an equipment leasing and alternative financial solutions firm, announced the opening of a new Chicago office.

Global Relay, a cloud-based message archiving company, announced the expansion of its operations, opening an office in the Willis Tower to accommodate a growing Chicago/Midwest customer base.

Hines Interests L.P., an international real estate firm, announced plans for a 45-story office tower on the Chicago River, the first spec office development in downtown Chicago in 14 years.

Hobart Group Holdings, a full-service marketing and promotional services agency, is opening a third office in Chicago – Hobart Core – to accommodate regional growth.

Huron Consulting Group, a provider of business consulting services, committed to adding 400 to 600 jobs to its Chicago headquarters office, noting the city is an ideal place for a global business and a major benefit in recruiting top-level talent.

James Hardie Industries SE, a Dublin-based fiber cement siding and backerboard company, is expanding at 231 S. LaSalle St., agreeing to sublease an additional 13,000 square feet to accommodate future growth and new hires.

Jarrard Phillips Cate & Hancock, Inc., a healthcare public affairs firm, announced the opening of a Chicago office at 120 N. LaSalle St.

JM Bullion, a website that supplies individual investors with physical gold and silver products, announced the relocation of its corporate headquarters to 180 N. Michigan Ave. to accommodate growth.

Lafarge, a Paris-based building-materials company, will relocate its North American headquarters from Virginia to 31,000 square feet at 8700 W. Bryn Mawr Ave. near O’Hare.

Lagunitas Brewing, one of the nation’s fastest-growing craft breweries, will nearly double its production by opening a brewery in Chicago at the former Ryerson steel plant in Douglas Park.

Laurence Simons, an international legal recruitment company based in London, launched a new operation at 203 N. LaSalle St.

Leo Burnett USA, the Chicago-based creative communication company, announced the launch of Farmhouse, an innovation and new venture center to conceive and develop new-to-the-world products, services, and experiences.

Lori Lins Ltd., a Wisconsin-based talent agency, has opened a Chicago office in the West Loop at 1101 W. Adams St. to accommodate growing business in the area.

LUNAR, an international company that creates consumer, technology and medical products, opened an office at 750 North Franklin St..

Mansfield & Associates, Ltd., a Cleveland-based executive search firm, announced the opening of an office in Chicago.

Motorola Solutions Inc., a wireless technologies company, plans to move 100 employees into 24,000 square feet at 224. S. Michigan Ave., as part of a plan to bring 400 jobs to the city.

Navteq, the Chicago-based digital mapping unit of Nokia Corp., added approximately 36,000 square feet at 500 W. Madison St. in the West Loop, in addition to its current space at 100 N. Riverside Plaza.

New Premiere Metals Recycling Inc. has leased 128,000 square feet of space at 4300 S. Racine to accommodate the firm’s expansion and relocation.

Nickelson Industrial Service Inc., a demolition contractor that specializes in machinery dismantlement, is expanding from its current location in Chicago and purchased the 16,600- square-foot building at 10115 South Torrence Ave.

Patton & Ryan LLC, a civil litigation defense law firm, increased its lease to 23,252 square feet at 330 North Wabash Ave.

Pierce & Associates P.C., a law firm specializing in mortgage foreclosure litigation, expanded its offices at 1 N. Dearborn St., adding about 11,000 square feet.

PLS Financial Services Inc., a check-cashing services and short-term loans company, leased 38,000-square feet at 1 S. Wacker Drive; the company chose to stay in Chicago for the energy of the location and availability of work force.

Poblocki Sign Company, a Milwaukee-based architectural sign manufacturer, plans to open a new office in Chicago.

Reboot Illinois, a for-profit digital media company promoting political, educational and fiscal reform in Illinois and the Midwest, launched in Chicago.

Red Frog Events LLC, an event planning firm, has more than doubled the size of its headquarters by adding 25,000 square feet at 320 W. Ohio St.; the company plans to add 50 to 100 employees over the next 12 months.

Regus, a Luxembourg-based company that runs shared office spaces around the world, is opening four new centers in the Chicago area this year.

RentStuff, a service that lets you rent out possessions to people nearby, closed a $600,000 round of funding, which will be used to relocate the company’s base of operations to Chicago.

Revolution Foods, a company that serves more than 600 lunchrooms and more than 120,000 meals each day to students across the country, is expanding and opening a new location in Chicago, leasing 14,818 square feet at 1501 S. Blue Island Ave.

Rightpoint, a Chicago-based digital marketing and technology consulting firm, experienced 70% revenue growth in 2011 and plans to double its headcount from 2010 to the end of the 2012.

Robert K. Futterman and Associates (RKF), a New York-based independent real estate firm specializing in retail leasing, investment sales and consulting services, announced the opening of an office at 875 N. Michigan Ave.

Robert Welch Designs Inc., a U.K.-based housewares design firm, has opened an office at 200 S. Wacker Dr. to better serve its growing list of U.S. retailers.

Robbins Geller Rudman & Dowd LLP, a plaintiff complex litigation firm, announced the opening of a Chicago office at 200 S. Wacker Dr.

SingleHop, a Chicago-based web-hosting company, announced a $27.5 infusion of capital and plans to move to 17,000 square feet at 215 W. Ohio St., up from 6,000 square feet in its current West Loop offices.

Sterling Partners, a private equity firm, leased 23,000 square feet at 401 N. Michigan Ave.; the company will move 50 employees from its current Northbrook, IL office by this fall.

Sterne, Agee & Leach Inc., the Alabama-based privately-owned investment banking, opened an office at 155 N. Wacker Dr. as it expands its private client group.

SXC Health Solutions, a pharmacy benefit management service provider, will sublet 24,544 square feet at 300 N. LaSalle St.

The Latin School of Chicago is purchasing the three-story home at 1525 N. Dearborn St. for future expansion.

ThinkVine, a marketing mix optimization software company, announced the opening a new office at 566 W. Lake Street to support rapid business.

Tribeca Flashpoint Media Arts Academy, the two-year vocational school for film and video gaming, will expand its space at 111 W. Washington St. to nearly 150,000 square feet in anticipation of potentially doubling its enrollment.

Union Bank, N.A., a San Francisco-based financial holding company, will open its first commercial branch in Chicago as part of an ongoing expansion strategy.

WestJet, a Canadian airline, began offering daily nonstop flights from O’Hare International Airport to two destinations in Canada.

Wintrust, a financial services holding company based in Lake Forest, plans to open its first-ever downtown Chicago retail branch.

Workday, a human capital management software provider, signed a long-term lease for 10,709 square feet at 111 W. Jackson Blvd.

Share: