C.H. Robinson, one of the world’s largest logistics providers, plans to establish a 207,000-square-foot build-to-suit office building located at 1511 West Webster in the Lincoln Park neighborhood in Chicago, Illinois.
Sterling Bay, which acquired the 4.18 acre site earlier this year, will serve as the developer and manage the property. The construction of the three-story building will transform the former tannery site into the Chicago office headquarters for C.H. Robinson.
“We are excited about the opportunity to transform this underutilized property to beautify a portion of the riverfront and to bring jobs to this location,” said Sterling Bay Principal Andy Gloor.
According to the firm, C.H. Robinson signed a 15-year lease for the entire property – a significant expansion from its current 160,000 square feet at 1840 N. Marcey Street. Occupancy is expected in late 2018.
“Over the past decade, Chicago has emerged as our largest center of employment, and one of our most important global markets,” said Pat Nolan, Vice President at C.H. Robinson. “Chicago’s longstanding history as a multimodal transportation hub, its thriving tech industry and its rich talent pool make it an ideal place for us to do business. We look forward to continued growth in Chicago in the years to come.”
“We chose this building because its location is convenient for our employees, many of whom take public transportation to work. It’s on a great piece of riverfront property and the built-to-suit aspect will enable us to design a custom space that our current and future employees will love,” said Mike Ryan, Vice President at C.H. Robinson.