Cool, I’ll pop in there more often, perhaps.
T-shirt firm Threadless moving to West Loop | Crain’s Chicago Business: “Internet T-shirt retailer Threadless.com plans to move its headquarters from Ravenswood to a former FedEx Corp. warehouse in the West Loop. Threadless, which lets online visitors choose the designs of the T-shirts it sells, hopes to move into the 45,000-square-foot building at 1260 W. Madison St. in July, says Charles Stephens, the company’s vice-president of operations. The 10-year-old firm, which shipped two million T-shirts last year, is quickly outgrowing its operations in Ravenswood on the North Side, where it has two warehouses that would function more efficiently if they were in the same building, Mr. Stephens says. ‘We’ve got some pretty aggressive growth targets, and in order to scale up and meet that growth, we’ve got to eliminate that bottleneck,’ he says. Threadless signed a seven-year lease for the West Loop building with a five-year extension option, says Larry Bell, chief financial officer at JRG Capital Partners LLC, the Chicago-based firm that acquired the FedEx property last year. Mr. Bell hopes the Chicago City Council this month will approve a zoning change that would allow Threadless to use the building. “
This location1 was originally just going to be a mixed use condo building, Threadless is much better from my perspective.
- which I went to frequently when it was an active FedEx drop-off point, closing at 9PM [↩]