Financial News Startup, Benzinga, Relocating its Headquarters to Downtown Detroit
The company will move 35 employees to One Campus Martius and create up to 40 new jobs
DETROIT, Oct. 5, 2015 /PRNewswire/ -- Financial news and data startup, Benzinga, today announced it will relocate its headquarters to One Campus Martius (the former Compuware Building), at the corner of Woodward Avenue and Monroe Street, in the heart of technology centric downtown Detroit. The rapidly growing company is moving its offices and 35 full-time team members with plans to double its workforce over the next two years, adding up to 40 new jobs.
"Now we can continue to grow by leveraging the urban core and downtown Detroit's tech scene to attract top talent from across the country. We are ecstatic to be part of Dan Gilbert's ongoing revitalization efforts," said Jason Raznick, Benzinga CEO. "So many of our team members already live and play in the downtown area, relocating our headquarters to downtown Detroit is a natural next step for us."
Benzinga is a financial media platform that offers customized data and content solutions to investors worldwide. By focusing on breaking exclusive stories and providing more accurate data, Benzinga offers undiscovered opportunities that allow investors to make more intelligent decisions in the market.
The company's new home base is being constructed on the second floor of One Campus Martius, overlooking the year-round entertainment venue Campus Martius Park along the route of the future M-1 RAIL. Benzinga partnered with Bedrock, dPOP!, Neumann/Smith Architecture and Sachse Construction to build an open, collaborative work space providing an environment designed to inspire new ideas.
Rocket Fiber high speed internet service will soon be available downtown, powering Benzinga's operation at lightning-fast speeds. The company's move is expected to be completed by the end of October.
"Benzinga's platform as a leading online financial news and information source is an invaluable tool that, at its core, is fueled by creativity and innovation," said Dan Gilbert, Founder and Chairman of Quicken Loans and Rock Ventures. "Detroit is at the center of a tidal wave of momentum that is infusing downtown with a new level of energy and optimism. Locating in the urban core will give Benzinga a front row seat and the unique ability to showcase Detroit's story to the world – highlighting the growing interest from technology startups, established tech companies like Amazon, major financial institutions like Fifth Third Bank and Ally Financial and influential automotive-related companies like Lear."
Bedrock and Meridian Health acquired the landmark One Campus Martius building earlier this year. The impressive high-rise has multiple restaurants, including Hard Rock Café, Texas de Brazil, Tim Horton's, and Mitch Albom's new charitable dessert shop, Detroit Water Ice Factory, several retail shops, a top of the line fitness center, and a daycare facility. Benzinga will join signature office tenants including Quicken Loans, Meridian Health, Compuware and Bedrock Real Estate Services.
About Benzinga
Benzinga is a dynamic and innovative financial media outlet that empowers investors with high-quality, unique content that is coveted by Wall Street's top traders. Benzinga provides timely, actionable ideas that help users navigate even the most uncertain and volatile markets – in real-time with an unmatched caliber. From breakouts to unusual volume, analyst ratings, futures and options, Benzinga is the leading full-service, one-stop shop for investors of all stripes and styles.
For more information, please visit www.benzinga.com or engage with us on Twitter @Benzinga and Facebook.
About Bedrock Real Estate Services
Detroit-based Bedrock Real Estate Services is a full-service real estate firm specializing in acquiring, leasing, financing, developing and managing commercial and residential space. Since its founding in 2011, Bedrock has located more than 130 office and retail tenants in Detroit's technology-centric downtown. In addition, Bedrock and its affiliates have invested more than $1.8 billion in acquiring, renovating and developing 80+ properties in downtown Detroit totaling more than 13 million square feet.
For more information, please visit www.bedrockmgt.com or engage with us on Twitter @BedrockRES and Facebook.
Editor's Note: The Detroit engagement timeline and tenant list are available here.
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SOURCE Bedrock Real Estate Services
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