CBRE recently represented Impact Networking, LLC in a 13-year renewal and expansion to 19,000-square-feet at 150 N. Michigan Avenue in Chicago.
Impact is expanding from its current 7,000-square-foot space on the 21st floor to lease the top two floors, 40th and 41st, at the iconic150 N. Michigan. The company will initiate a build-out of the property’s penthouse suite, developing a branded workplace. As part of the deal, Impact will also receive prominent logo visibility and signage on the street-level of the building, visible to the 424,000 pedestrians and drivers traveling on Michigan Avenue every week.
The penthouse suite features two floors of angled floor-to-ceiling windows with stunning views of Millennium Park and the Lake Michigan shoreline. The space planning and design will amplify the Impact brand, and a full build-out will yield an open collaborative workspace with capacity for 105 employees. For the first time, this Impact office will feature a Customer Experience Center that will incorporate a new Software Demo Theater with floor-to-ceiling display technology. Additionally, Impact will have a branded elevator with private access to the 40th and 41st floor, as well as a private interior staircase connecting both floors.
“This expansion will position Impact to recruit and retain the top-tier talent that will propel it to even greater heights in the near future,” said CBRE’s Bill Sheehy. “With this state-of-the-art new space, combined with the wonderful building improvements that ownership is putting in place, this will be an excellent location for long-term growth.”
“We are looking forward to continuing our tenure at 150 N. Michigan Avenue, and more than doubling the square footage of office space we currently occupy. We wanted a space that would reflect our continued investment into the company, our employees, our clients, and our community,” said Impact’s CEO, Frank Cucco. “This space will be nothing short of breathtaking and is a true testament to how far Impact has come, and where we’re going “” especially in the Chicago market.”
“This is a great move for Impact that will set the company up for long-term growth in one of the city’s most premier locations,” said CBRE’s Brian McDonnell.
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