Savills has confirmed that BearingPoint, a new client, will be moving to the new location. The Mart, located at 222 Merchandise Mart Plaza, River North, has been home to the fast-growing independent management consultancy firm and technology consulting firm. It occupies a 12,000-square foot full floor. The firm moved in December 2022. BearingPoint is based in Europe and has made significant investments in its international expansion. Chicago doubles as the firm’s U.S. hub. To accommodate an increase in headcount, the firm needed to expand its footprint. Savills Connor Kerr & Stephen Scott were tapped by BearingPoint to find a solution in the River North market.
BearingPoint has a fully-built-out space in The Mart. The office features individual workstations, a large café and lounge, two conference rooms and private work areas. There are also multiple collaboration spaces. The Mart is centrally located in River North. It provides seamless access to The Mart station and other amenities, such as a food hall, green areas and multiple retail outlets.
The Mart is the largest commercial building and design centre in the world, covering two city blocks and rising 25 floors. Vornado Realty Trust has completed a $60 million renovation to the building. It includes a 27,000-square foot conference center and amenity space, a second gym that measures 235,000 square feet, and a lounge. Major modifications were made to the property’s elevators and monumental stairs. The renovation is expected to be completed in the latter part of 2023.