350 North Orleans, Chicago. Photo Credit: EQ Office
CHICAGO—Tech firm Affirm is expanding its operations to Chicago and has signed a lease for more than 57,000 square feet at the 350 North Orleans office building here.
The firm, which is headquartered in San Francisco, plans to rapidly hire 100 new employees for its 350 North Orleans office, with additional growth plans above and beyond. The deal was announced by building owner EQ Office. Affirm is scheduled to take occupancy of its space on two floors at the property this spring.
Affirm is the latest of several tech companies establishing a presence at the 1.3-million-square-foot 350 North Orleans building, including Nitel, Shoprunner, Gartner, OPEX Analytics and Devbridge Group. Affirm reported earlier this month that it had already hired 20 employees for its Chicago office.
"We're excited to establish our Chicago presence at 350 North Orleans and bring on new talent to help us grow Affirm's network of merchants and consumers," says Russell Kamp, real estate manager at Affirm.
The Chicago space will be Affirm's fourth office, along with San Francisco, New York and Pittsburgh. The company provides retail shoppers an alternative to traditional credit cards at the point of sale, giving them the flexibility to buy now and make simple monthly payments for their purchases.
David Moore, SVP and portfolio director at EQ Office, says, "We worked closely with the Affirm team to identify creative solutions to support their growth needs. 350 N. Orleans' recent enhancements and ideal neighborhood location make it a magnet for innovative companies of all sizes, and the highly functional floor plates with abundant natural light will set Affirm up for success in attracting and retaining top tech talent."
There were a host of capital improvements and enhancements completed at the building, including a nearly $20-million investment in the façade, an expansive fitness center, large tenant lounge and private roof deck, and tenant amenity programming.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
