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Highlights
TransLoop is more than doubling its Chicago office space, relocating its headquarters from 17,000 square feet at 1 South Wacker Drive to a 44,457-square-foot sublease at 350 North Orleans Street.
The expansion could accommodate up to 200 additional employees and comes as the firm rapidly scales, with sales jumping 46 percent in 2025, year-over-year.
The deal is a vote of confidence for the distressed property at 350 North Orleans Street, which is controlled by a receiver, and highlights how subleasing continues to be a factor in the downtown office market.