Medline triples office space at Merchandise Mart

Medline and Vornado Realty Trust have announced an agreement to expand Medline’s presence at THE MART by 110,000 square feet, making it one of the largest tenants at Vornado’s iconic, 3.7-million-square-foot property in downtown Chicago.

Medline will more than triple its offices in THE MART from 51,000 to 161,000 square feet as part of a single, contiguous space across the majority of the 12th floor, committing to a long term lease with Vornado which will run through 2036.

Headquartered in Northfield, Illinois, Medline is the healthcare industry’s largest medical-surgical product manufacturer, supply chain provider and clinical solutions partner.  Medline currently has over 39,000 employees worldwide and does business in more than 100 countries and territories.  Medline brings improved clinical, financial and operational outcomes across all points of care —from large healthcare systems and independent physician practices to home health patients and their families.

“As Medline continues to grow, the company is committed to ensuring it has the space needed for employees to thrive, collaborate and feel connected to the culture that has sustained us through the years,” said Kate Slattery, Vice President of Real Estate and Construction for Medline. “Medline regularly optimizes our footprint and operations to best serve our customers and empower our team members. We are thrilled with the results from our current offices in THE MART and are pleased to be expanding this partnership further.”

“Medline is one of the Chicago area’s largest and most pre-eminent companies, and we are thrilled to be able to support their continued growth,” said Glen Weiss, Executive Vice President, Co-Head of Real Estate at Vornado. “With its prime location and unrivaled amenity program, THE MART aligns perfectly with Medline’s needs and continues to be a major bright spot in the Chicago office market.”

Vornado recently completed the final phase of a more than $70 million renovation program, which incorporates a grand staircase leading to a second-floor amenity program and gathering space that features a range of food and beverage options, a state-of-the-art fitness and conference center, an exclusive tenant lounge and an expansive landscaped River Park, serving as a “front lawn” to the building.