FULTON MARKET — Tech company Glassdoor has signed a new lease in Fulton Market and plans to add 350 more jobs in Chicago over the next five years.
Glassdoor, one of the fastest-growing job sites in the U.S., announced Tuesday that the company has signed a 13-year lease for 1.5 floors of a new office building at 1330 W. Fulton St.
Glassdoor plans to move into the 51,500-square-foot office, managed by Sterling Bay, in mid to late 2017.
Glassdoor currently employs more than 50 team members in a temporary office at 370 N. Carpenter St. and expects to double the team to more than 100 by the end of the year, according to a news release. Over the next five years, the company expects to grow its Chicago workforce to more than 400 employees.
Robert Hohman, co-founder and CEO of Glassdoor, said Chicago's workforce combines great talent with Midwestern values.
“We’re growing incredibly fast in Chicago and are excited to make Glassdoor’s long-term home in Fulton Market. We have already assembled a terrific team who are planting the seeds in Chicago for what we expect to be a vital hub for Glassdoor in the years ahead," he said.
Mayor Rahm Emanuel said the city's world-class workforce and access to transportation and capital make Chicago a perfect location for high-tech companies to thrive.
“This vote of confidence in Chicago will mean economic opportunities for residents in our neighborhoods," Emanuel said. "I look forward to watching Glassdoor build a great future for themselves right here and contribute to the great future of Chicago."
Glassdoor joins tech giant Google in calling Fulton Market home. About 650 employees work out of Google Chicago's new offices in the former Fulton Market Cold Storage building, which opened in December 2015.
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