Goosehead Insurance Expands its Presence in the Ch

WESTLAKE, Texas, May 23, 2018 (GLOBE NEWSWIRE) -- Personal lines insurance agency Goosehead Insurance (“Goosehead”) (Nasdaq: GSHD ) announced plans to open a new corporate office in the Chicago area.

The rapidly growing firm signed a 5-year lease for 5,200 square feet at Columbia Center I (5600 N River Rd) in Rosemont, owned and operated by Adventus Realty Services. The office is expected to open in Q3 of 2018, and has the capacity to hold up to 50 corporate sales agents.

“We are excited to continue to expand our presence in the Chicago area,” Goosehead CEO and Chairman Mark Jones said. “Our corporate team and franchise partners in Chicago have already seen great success in Illinois and the Midwest. Goosehead is focused on creating a differentiated client experience through excellent client service and top-quality agents.”

Jones said the building was chosen for its amenities and close proximity to the O’Hare International Airport and Blue Line train.

Goosehead now has over 400 franchises in 21 states, including 34 in the Midwest region (including Illinois, Michigan and Missouri). Franchise locations are supported by the same innovative technology and industry-leading service team that support Goosehead’s corporate agents.

Megan Bailey, Vice President of Franchise Sales, commented: “In addition to the economic opportunity that will be available in this major financial hub, our Chicago team will play a major role in supporting our franchise operations across the Midwest.”

The office will continue to be headed by Matthew Hunt, a Senior Account Executive who has been with Goosehead since 2010.

CBRE brokered the real estate deal for Goosehead Insurance. Adventus Realty Services was represented by Cushman & Wakefield.

About Goosehead Insurance

Goosehead (Nasdaq: GSHD ) is a personal lines insurance agency that distributes its products and services throughout the United States. Goosehead represents over 80 insurance companies that underwrite personal lines and small commercial lines risks, and its operations include a network of seven corporate sales offices and over 400 franchise locations.

Contact: ICR, Inc. GooseheadPR@icrinc.com (646) 277-1299