Paylocity to move headquarters to Schaumburg

ARLINGTON HEIGHTS - Paylocity Holding Corp. announced it will move to its corporate headquarters to Schaumburg.

The company will move its operations to approximately 309,000 square feet of office space at 1400 American Lane in Schaumburg, which is currently owned and managed by Retail Properties of America. The move is expected to begin later this year and be completed by 2019.

"This location will accommodate our rapid growth and emphasize our brand as a technology-driven organization," said Steve Beauchamp, president and CEO. "We are very proud of our multiple Best Places To Work designations and believe this facility will provide a great work environment allowing us to continue to attract and retain talented employees. Our new corporate headquarters will include a fully renovated atrium and lobby along with a number of employee-centric features such as a state-of-the-art fitness center, new recreational amenities and modern conference and dining facilities."

Paylocity was represented by Todd Lippman, Vice Chairman, Jim Whalen, Executive Vice President, Paul Diederich, Senior Vice President, and Jarrett Annenberg, First Vice President, of CBRE.

"Paylocity is one of Chicago's leading technology companies," said CBRE's Lippman. "This transaction will give the firm flexibility to accommodate its workforce today and to continue to grow for years to come. This is an exciting move and the location provides great amenities, access to the talent that the firm needs and it made sound economic sense. This move will position Paylocity to be an employee-centric market leader for years to come."