Rocket Fuel Leases 32115 Square Feet At 350 N Orleans St Chicago With Tenant's Reps Kyle Kaminski And Jon Milonas

Nitel has subleased 32,115 square feet at 350 N Orleans St, located in the River North Point building, formerly known as the Apparel Center. The location is situated in the Chicago market, along the Chicago River. The leasing transaction reflects Nitel's strategy to expand its headquarters, with plans to hire at least 100 new employees in the coming years.

Summary of transaction details:

• Property Type: Lease
• Transaction Amount: Not specified
• Address: 350 N Orleans St, Chicago, IL, 60654
• Market: Chicago
• Square Feet: 32,115
• Tenant: Nitel
• Landlord: Rocket Fuel
• Tenant's Representatives: Kyle Kaminski (JLL), Jon Milonas (CBRE)

The deal highlights the transition of Rocket Fuel, which is moving to a smaller space on Michigan Avenue, facilitating Nitel’s expansion in the telecommunications sector. The agreement is indicative of shifting dynamics in commercial space utilization in Chicago.