Farbman Group Launches CityHub Office Solution

A fresh and innovative take on workspace offers increased flexibility for companies in Chicago

Jan 21, 2014, 14:00 ET from Farbman Group

SOUTHFIELD, Mich., Jan. 21, 2014 /PRNewswire/ -- Southfield, Mich.-based Farbman Group, a leading full-service real estate company, announced today the launch of CityHub, a flexible and affordable office space solution now open at the company's 209 W. Jackson location in the heart of downtown Chicago. Andrew V. Farbman, CEO of Farbman Group, made the announcement.  

The CityHub concept hits upon a growing national trend of shared, collaborative and often temporary work environments. This flexibility allows CityHub to accommodate a wide range of tenants—from new entrepreneurs who want a professional address, to developing small businesses in need of private office spaces, to corporations looking to establish downtown operations quickly.

At CityHub, affordable office spaces range from 150 to 12,000 square feet, and include amenities such as conference and meeting facilities, furnished communal areas, high-speed internet, fully-equipped kitchen access, cleaning services, professional mailing address and on-site security and management. Month-to-month leases are available with no upfront cash outlay.

"CityHub is a response to a growing need among our clients for unique real estate solutions that are tailor-made for their company's individual circumstances," said Farbman. "Our flexible office solution allows businesses to scale their office space by choosing the exact amount of space they require, all while saving money by avoiding upfront costs by securing significantly reduced facilities fees."

The first tenant already taking advantage of the amenities and non-traditional office environments available at CityHub is Seedary, an incubator, investor and facilitator for startups, entrepreneurs and professionals. Seedary will use its 4,000 square-feet of the 209 W. Jackson property to offer the flexible workspace to its start-up companies, while also offering them professional IT, financial, legal and marketing services.

Farbman Group plans to expand the CityHub concept nationally. "As workplace requirements and employee preferences evolve and change, we will continue to invent and launch cutting-edge, innovative office solutions to meet the needs of businesses of all sizes," added Farbman.

In addition, CityHub is set alongside Chicago's two Central Business Districts, Central Loop Business Hub, Board of Trade, Mercantile Exchange and Insurance Exchange Center, as well as the Federal Court and banking and financial district.

For more information, please visit cityhubsuites.com.

About Farbman Group

Founded in 1976, Farbman Group is a leading full-service real estate firm handling all facets of real estate transactions, from property management and leasing to acquisition and disposition. The firm manages more than 25 million square feet of office, retail, multi-family and industrial space throughout the Midwest. For more information, please visit www.farbman.com.

SOURCE Farbman Group