MB Real Estate Brokers New Fulton Market Home for Third-Party Logistics Provider MoLo Solutions
Chicago, IL | November 03, 2021
MB Real Estate (MBRE) is pleased to announce the completion of a 93,710-square-foot deal on behalf of MoLo Solutions, a third-party logistics company in the transportation industry. The MBRE corporate services and tenant advisory group represented MoLo in the company's move to 167 North Green Street in the burgeoning Fulton Market neighborhood of Chicago, with Associate Broker Kayla Beljan taking the lead on the transaction.
"We are thrilled to have represented MoLo in their search for a new headquarters,” said Kayla Beljan. "167 North Green Street is arguably one of the most sought-after buildings in the city of Chicago. This is a pivotal decision that will undoubtedly support MoLo’s efforts to attract and retain top talent as they continue to grow.”
MoLo, at just four years old, has quickly become a leader in the freight industry. The brokerage connects a mix of clients, from big-box retailers to food and beverage companies, with truck drivers and other shipping solutions. With over 500 employees, MoLo has plans to expand significantly over the next few years, which ultimately led the company to lease the 14th and 15th floors of 167 North Green Street.
"This is the best office building in the city of Chicago, and it's exactly what our people deserve," said MoLo Solutions CEO Andrew Silver. "I believe we now have a distinct competitive advantage for future hiring with our remote policy and in-office work environment."
The stunning array of amenities available to MoLo in their new space at 167 North Green Street include a 400-person town hall meeting area, on-site parking, a gym and spin studio, and an NBA-sized basketball court. The building is also dog-friendly and offers tenants the use of an outdoor terrace rooftop garden. The varied and spacious amenities were an ideal fit for MoLo's growing numbers and hybrid work schedule.
MBRE's Beljan worked closely with Paige O'Neil and Annie Aldrich of Shapack Partners, the broker representatives of 167 North Green Street.
About MoLo Solutions
MoLo is a third-party logistics company with a mission to deliver the best experience in transportation. At MoLo, we're driven to do things the right way. For us, that starts by creating a better environment for logistics professionals, which allows us to provide a better experience for drivers and carriers in our network and offer better service to our customer partners. MoLo's commitment to our core values impacts everything we do, from caring for our customers to coordinating the carriers who move our freight.