Bradford Allen Realty Services announced that Senior Managing Director Ben Azulay has completed a new 32,668 square foot lease on behalf of ZirMed at 111 N. Canal Street in Chicago.
ZirMed, the premier cloud-based enterprise business and clinical performance solution for healthcare, recently acquired MethodCare, Inc., a Chicago-based healthcare analytics firm, with significant expansion plans in Chicago. MethodCare, Inc. currently leases 6,000 square feet at 350 W. Ontario. Due to the acquisition and the need for additional space, MethodCare, Inc., chose to relocate to the fourth floor of 111 N. Canal Street where it will increase its space fivefold.
“In conjunction with the acquisition of MethodCare, ZirMed needed to find a new space in order to streamline their growing operations,” said Bradford Allen’s Azulay. “111 N. Canal provided the firm with the desired west loop location, space requirement on a single floor, amenities and relocates them into one of the city’s hottest tech markets.”
Azulay assisted the firm with its site selection analysis, ultimately securing space within the West Loop building based on its location, which provides easy access from the city and the suburbs, as well as the building’s high-tech atmosphere. ZirMed will move into the new space in March 2015, and will join the building’s other technology tenants including Uber Technologies, Gogo Inc. and Twitter Inc.
Azulay represented ZirMed in the lease negotiations. 111 N. Canal, which is owned and leased by Sterling Bay Companies, was represented by Chloe Reaumond.
