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(Beloit, WI) - FatWallet, an IL based online retailer, announced that they will move their headquarters to the City of Beloit. The company will lease 23,000 SF in an office complex formerly occupied by Kerry Americas, located within the City's Central Business District. The relocation was prompted by online sales tax regulatory changes adopted by the State of Illinois.

Established in 1999, FatWallet is a popular online retailing resource where shoppers converge to compare, share and find the latest deals, coupons and discounts. The company has approximately 50 employees, all which intend to relocate to their new Beloit location.

Bill Mears (McGuire Mears & Associates) and Gary Seidel (Point One Commercial Real Estate) facilitated the transaction.

According to James Otterstein, Rock County Economic Development Manager, "As firms balance their options, the Janesville-Beloit MSA continually presents itself as a cost-competitive location. The facility's lease price, coupled with the its turnkey features and Wisconsin's retooled business climate, created a compelling value proposition."

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