Spot, one of the fastest-growing logistics companies in North America, announced it will open another office, its sixth in the U.S., in Chicago this October. The company has signed a new, 31,000-square-foot lease for the 11th floor at 24 E. Washington Street, also known as the Marshall Field & Company Building, a landmark that includes Macy’s and the famous Tiffany Dome Ceiling. The new office will accommodate Spot’s exponential growth and further support the company’s hiring goals by leveraging the area’s diverse talent pool. Spot plans to hire 200 employees over the next two years, initially focusing on sales and technology positions.
24 E. Washington Street is located in the heart of Downtown Chicago in the Central Loop and offers a variety of amenities including a rooftop park and lounge, fitness center, and dining, retail, and hotel options. It also provides convenient access to all seven CTA lines, the pedway, and Millennium Park, home to the iconic Cloud Gate sculpture (The Bean), interactive fountains and tranquil gardens. It is a LEED Silver and WELL Health and Safety Rated building which will support future initiatives that are in line with Spot’s larger ESG practices and goals.
Cresa’s Allen Rogoway, Michael Marrion, and Tim O’Brien negotiated the lease on behalf of Spot while Telos’ Jack O’Brien and Caroline Colnon represented the building’s owner, Brookfield Properties. The architecture firm Lamar Johnson Collaborative will design the office space.
Founded in 2009 by Andrew Elsener and Andy Schenck, Spot has experienced continuous growth each year. In 2021, it saw record-breaking success with over $710 million in gross revenue. That pattern of success continued into 2022 with nearly $1 billion in gross revenue. The company has more than 600 employees across its locations in Indianapolis, Indiana, Charlotte, North Carolina, Tempe, Arizona, Tampa, Florida, and now Chicago, Illinois.