Intercom, a business messaging platform based out of San Francisco, has signed a 52,676-square-foot lease at 1330 W. Fulton Street in Fulton Market. This represents a significant expansion for Intercom’s Chicago office, which will nearly triple its space at the property from 17,655 square feet. Intercom was represented in the transaction by Kevin McLennan of CBRE, with Joy Jordan, Russ Cora and Gillian Keebler of Sterling Bay representing Sterling Bay.
The tech firm established its first 4,800-square-foot office space in Chicago’s Fulton Market District as a hub for customer support and sales operations in 2016. Intercom moved to its current location in 2017 as it expanded due to rapid company growth and a strong recruiting environment. The expanded Chicago space will support the company’s global expansion plans as it builds out its Chicago-based sales and support teams.
“We’re very excited about our new space in Chicago, and to expand our operations in the city,” said Eoghan McCabe, co-founder and CEO of Intercom. “We love the culture here and have had great success finding the type of people we love to work with.”
“Intercom has seen incredible growth in Chicago in just three years,” said McLennan. “The Fulton Market location has been instrumental in allowing Intercom to grow its presence in Chicago. This significant expansion in one of Fulton Markets most progressive properties will establish an excellent long-term position of Intercom in Chicago.”
Intercom will takeover Sterling Bay’s current headquarters space, as the Chicago developer will move its headquarters to 333 N. Green Street in Fulton Market. Completed in 2017, 1330 W. Fulton, known as Fulton West, is a 290,000-square-foot Class A space. Sterling Bay recently agreed to sell the property to German real estate firm Commerz Real for approximately $175 million.