WellRight, Inc. Signs Lease at 175 W Jackson

CHICAGO, October 19, 2021 (Newswire.com) - WellRight, Inc. (WellRight), a software tech company focused on corporate wellness initiatives, has announced a new lease at 175 W Jackson. This new lease comes from The Telos Group, LLC (Telos) who represented ownership. WellRight will move into 17,286 RSF on the 14th floor of Brookfield Properties' newly redeveloped 175 West Jackson building in the West Loop.

"The multiple investments that have been made by ownership in 175 W Jackson have created a unique modern office environment within the classic Daniel Burnham designed masterpiece," said Jeff Dowdell, Senior Vice President at Telos. "We're pleased to welcome WellRight as one the newest tenants to take advantage of these investments as they look to scale, grow, and support their operations in Chicago."  

One of the original large floorplate office buildings, 175 West Jackson boasts a highly desirable West Loop location near several "EL" stations, is walking distance from Union Station and directly off the highway for easy access for daily drivers. It recently underwent a large-scale repositioning to provide tenants with modern progressive space and must-have amenities. The building now features penthouse-level amenities including a brand-new rooftop terrace, tenant lounge, conferencing facilities, and a state-of-the-art fitness center. 175 West Jackson also has two internal light atriums, providing an ample amount of sunlight throughout the entire floorplate for improved productivity.

"CBRE wanted to find WellRight a modern and vibrant space that aligned with their company's values and growth prospects," said Bill Sheehy, Executive Vice President with CBRE. "175 W Jackson and its extensive amenity package, including a state-of-the-art fitness center was the right fit for them as they deliver a customizable and complete corporate wellness program to support employees in their wellness journey."

WellRight, a corporate wellness software platform, delivers customizable and complete wellness programs to support employees' wellness journey. The company's interface is accessible via online or mobile app and is easily integrated with wearable fitness trackers and devices.

Jack O'Brien, Jeff Dowdell, and JD Parcheta of The Telos Group, LLC represented ownership in the transaction. Bill Sheehy, Executive President with CBRE represented WellRight, Inc.

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About WellRight, Inc:

WellRight powers over 500 corporate wellness programs with its flexible and fun-to-use software. Offering all the essentials (health risk assessment, fitness device integration, pre-built challenge library, health coaching, claims data analysis, biometrics, and a rewards engine), WellRight's customizable design lets employers tailor these features so they can deliver wellness programs that are relevant to employees. This approach to corporate wellness helps organizations build a better culture and a better business while employees create healthy habits. In March 2017, WellRight was proud to have been added to Workforce magazine's list of top 10 Corporate Wellness Providers. For more information, visit:  https://www.wellright.com/

About Brookfield Properties:

Brookfield Properties is a leading global developer and operator of high-quality real estate assets. We are active in nearly all real estate sectors, including office, retail, multifamily, hospitality and logistics, operating more than 675 properties and more than 325 million square feet of real estate in gateway cities around the globe on behalf of Brookfield Asset Management, one of the largest asset managers in the world. With a focus on sustainability, a commitment to excellence, and the drive for relentless innovation in the planning, development and management of buildings and their surroundings, Brookfield Properties is reimagining real estate from the ground up. For more information, visit www.brookfieldproperties.com.

About The Telos Group, LLC:

The Telos Group, LLC (Telos) provides leasing, marketing and consulting services in Chicago and consulting services for real estate businesses nationwide. As Chicago's only dedicated owner representation firm, it has been the leader in shaping the evolution of office space for innovative businesses. Telos represents a portfolio of over 26 million square feet encompassing historic to trophy buildings owned by diverse ownership groups, from entrepreneurial investor consortiums to international institutions.

For more information, visit https://www.telosgroupllc.com.

Media Contacts

Cailin Rogers

The Telos Group, LLC

(612) 806-8737 [email protected]

Source: The Telos Group, LLC