Paycor Inc., a provider of human resources, payroll, time, recruiting, benefit administration and other services to more than 30,000 medium and small businesses, signed a lease for about 70,000 square feet of space in the Central Parke I building at 4600 Montgomery Road in Norwood. Stacey Browning, president at Paycor, said the additional office space will provide room for new employees. Some of Paycor’s existing teams are expected to move to Central Parke I this summer.
“We’re committed to expanding our headquarters and the size of our footprint in Cincinnati and are very excited about the positive impact this growth will have on our business,” Browning said.
Peter Snow, executive director with Cushman & Wakefield, represented Paycor in the lease. Travis Likes, John Eckert and Scott Yards with CBRE, were the listing agents for CDK Global, which is subleasing some of its more than 170,000 square feet of space. There is still one floor available for sublease, totaling 17,400 square feet.
Paycor has been one of the fastest-growing companies in the region for years. In July 2017, I wrote about Paycor’s plans to become a $1 billion company.