Impact Networking Expands Its Chicago Footprint with 50,235 Square Feet of Office Space on Michigan Avenue
Impact Networking Commits to the Future of the Office by Signing Up for Extra Workspace in the Chicago Loop
Impact Networking, a leading managed services provider, announced today it has executed a lease for more office space at 150 North Michigan Avenue in the Chicago Loop to accommodate its rapid growth. The expansion shows a commitment to both the city of Chicago and to the future of in-office work. Despite Impact and most major companies opting to transition to a remote, work-from-home setup during the initial onset of the COVID-19 pandemic, Impact CEO Frank Cucco said, “Coming together in person to collaborate and build community is core to Impact’s culture and is a critical part of our future.”
150 North Michigan is the diamond of the Chicago skyline and the cornerstone of Millennium Park. Expanding to 50,235 square feet of office space, up from 18,500 square feet, Impact now occupies the top three floors of this iconic 41-story building, in addition to the 26th floor, and has claimed signage on the building at street level, as well as in the lobby.
The new agreement will run coterminous with the existing lease through 2031 and affords the company the capacity for 300 employees. Currently, housing experts from Impact’s Sales, Managed IT and Marketing & Branding teams, the expansion is particularly momentous for Impact’s full-service marketing agency ES99, which was previously split into two office spaces and will now be consolidated.
With more than 750 full-time employees, Impact will continue to make significant investments in its offices across the country, as well as its home state of Illinois, where the company is investing over $35 million this year for the brand-new headquarters in Green Oaks. Scheduled to open in 2022, the new five-story office will include employee amenities, such as a café, rooftop deck and daycare center. “These investments not only enable us to create new opportunities in the communities where we operate, but also make it possible to provide services and products that ultimately help boost economic recovery,” Cucco said.