Press Release

Fintech Provider Celero Commerce Renews 27k SF Offices in Chicago Following Sixth Company Acquisition

02 Nov 2021

CBRE has announced that Celero Commerce, an integrated business management platform powered by leading edge technology, has renewed their full-floor lease at Pointe O’Hare, a Class A office tower located at 9550 W. Higgins Road in Rosemont, Illinois. 

 

Celero inherited the Chicago office following their acquisition of Transnational Payments in October 2020—the sixth acquisition for the company since being formed in November 2018. Celero has approximately 260 total employees total with continued plans for expansion. 

 

Following the acquisition, Celero has made several upgrades to modernize the interior space. One of the biggest investments Celero has made is commissioning local artist from Nashville, TN, Rachyl LaGrone (Murals by Loba) to create Chicago-themed murals in each of its conference rooms. Rachyl will also be working with Celero to paint murals in their Nashville and Tampa offices.

 

“We are excited to make this commitment for our Chicago employees as we continue to expand throughout the region,” said Kevin Jones, CEO of Celero Commerce. “Following the pandemic, we quickly realized how essential being in the office space was for our company’s culture and sense of collaboration. Once we were safely able to go back into the office, a majority of our employees have chosen to come into the office, and we’ve prioritized making it an energetic and fun space for everyone to work together.” 

Celero has quickly grown into a leader within the fintech industry. In September 2021, Celero received the Electronic Transactions Associate (ETA) Star Award for their response to the pandemic, how they adjusted their business to meet the needs of merchants and consumers, and how they supported their employees throughout the pandemic. Celero serves over 45,000 merchants and processes approximately $15 billion in card volume.

“It’s been incredibly exciting to see how quickly Celero has grown since they originally occupied their headquarters in 2019 and we were thrilled to be able to help them expand across the U.S. so quickly,” said Campbell Puckett, Senior Associate, CBRE. “They have put a significant amount of thought and resources into upgrading their offices for their employees to have an enjoyable and cohesive space.”

Mr. Puckett with CBRE in Dallas and Andrew Kaplan and Jon Springer with CBRE in Chicago represented Celero in lease negotiations.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.