This article originally appeared on GlobeSt.com.
CHICAGO—PerkSpot continues to grow its operations here and has more than doubled its headquarters presence at 320 West Ohio St. in River North.
The firm has signed a 14,020-lease expansion, increasing its leased space at the property to more than 27,000 square feet. The latest deal marks the customized employee discount firm’s second expansion in 13 months.
In June 2018, PerkSpot relocated from approximately 5,000 square feet at 216 West Ohio St. to 13,222 square feet at 320 West Ohio St.
The firm’s growth comes after a $50-million capital infusion in August 2018 that was followed by a significant recruiting effort. Cresa Chicago managing principal Allen Rogoway represented the company in the recent transactions at 320 W Ohio St.
PerkSpot, a perk program where employees can gain rewards and exclusive discounts for outstanding performance, hired Rogoway in 2017 to develop a strategic real estate plan that could accommodate its impending growth, while maintaining corporate culture.
“Rather than put us in more space than we needed from day one, Al was especially diligent and thoughtful devising a plan for our company,” says Jace Mouse, CEO of PerkSpot. “Our headquarters aligns with our culture and allows us to recruit and maintain talent.”
“It’s always fun to work with an executive team committed to culture,” says Rogoway. “The PerkSpot team was smart and engaged. They really thought through their growth stages and how they would impact employees and their day-to-day work experience.”
320 West Ohio St. is a brick and timber loft building with wide large windows that Cresa notes allow natural light to filter through the expansive floor plates. PerkSpot’s space is open allowing for collaboration and camaraderie across all corporate disciplines.
Rogoway notes that building ownership was committed to a base building improvement plan that aligned with Perkspot’s 2018 summer relocation plans that has transformed the building into an ideal choice for a company on the cusp of explosive growth.