DTZ Sponsors RE Space in 1871

CHICAGO—Chicago has become a hub for high-tech firms, and one of the factors in that transformation has been the establishment of incubator spaces like 1871 that bring digital start-ups together, provide affordable space and low-cost business services. The proliferation of new digital firms, some of whom have graduated into class A spaces, has bolstered confidence in the CBD’s office market, but DTZ believes 1871 can help provide even more direct benefits to the industry.

Officials from the global property services firm headquartered in Chicago say that they have partnered with 1871 to sponsor the Real Estate Technology Incubator in a new 25,000-square-foot expansion of the nonprofit’s space in the Merchandise Mart. 1871 has already started efforts in the food technology space, as well as fostering opportunities for women and veterans in technology.