Baird & Warner has signed a lease for new office space located in the Transportation Building, 620 S. Dearborn St., which will be focused on providing brokerage, mortgage and title services primarily to the South Loop and its surrounding neighborhoods.
“Baird & Warner has always been active in the South Loop, but with major developments like RiverLine and a massive 62-acre development bringing thousands of new residential units to the community, we’ll be well-positioned to leverage opportunities in this flourishing neighborhood,” said Laura Ellis, president of residential sales and the executive vice president of Baird & Warner. “Our company has experienced record-breaking revenues for the past two years, and our expansion in the South Loop will build upon that success.”
The South Loop office is slated for occupancy at the end of the year. Like all of Baird & Warner’s offices, it will reflect the company’s one-to-one ratio, having a dedicated, noncompeting manager overseeing a single office.
Managing broker for the new location will be Jim Psyhogios, a real estate veteran and South Loop resident who has spent the last 20 of his 25 years in the industry providing brokerage services exclusively to the South Loop neighborhood. In fact, Psyhogios joined Baird & Warner earlier this year specifically to launch and manage the South Loop office.
The South Loop location will be among the firm’s technologically advanced “cloud-based” offices, incorporating an open floor plan and hoteling concept to increase the efficiency and mobility of its staff.