JLL represented Upstart in its signing of a sublease for 240,000 square feet of Class-A office space at 3075 Loyalty Circle in the Easton neighborhood of Columbus. This is in addition to the recent 54,900-square-foot expansion at 711 N. High St. in Short North with building owner Wood Companies.
Upstart was drawn to the city of Columbus for several reasons, including cost of living, high-quality real estate and its deep talent pool. As an artificial intelligence lending platform, Upstart plans to use the office spaces to better collaborate and continue expanding in the Midwest.
Through the expansion in Columbus, Upstart plans to create an additional 500 jobs. This trend aligns with the growth of technology companies, both established and startups, in the city. Upstart had already expanded its office space in 2018 and again in 2020, with the help of JLL.
The new spaces feature a combination of open workspace, breakout rooms, collaboration areas and more.
The Short North office space expansion was delivered in early September, and the Easton office space is expected to deliver Jan. 1. Jll managing directors Clayton Davis and Jeff Carey represented Upstart.
In addition, JLL Chicago Managing Director Kyle Harding and Vice President Deanna Becker coordinated with Columbus Executive Vice President Brad McMahon and Associate Alex Ashworth on the brokering of this deal.
