BANNOCKBURN, IL (September 23, 2016) – NAI Hiffman is pleased to announce
Demand has increased in recovering downtown office markets, with a lack of available space forcing investors to put in high bids for even class-B and class-C office towers.
A River North loft building sold for almost $25 million to a buyer who expects to capitalize on rising rents in the city’s tightest office submarket.
Public relations firm to 205 W. Wacker Drive
Public relations firm Henson Consulting is moving its headquarters in April as it plans to double its staff of 25 in the next year, said founder and CEO Kathleen Henson. Henson Consulting signed a seven-year lease for 7,180 square feet in the 23-story office tower at 205 W. Wacker Drive, with an option to add about 4,000 square feet. The firm, founded in 2001, currently has about 3,800 square feet at 61 W. Hubbard St., above the Paris Club. Growth has been spurred by adding new clients, most recently Potbelly Sandwich Works and Mariano’s, Henson said. Henson recently opened an office in Cleveland and is looking to open one in Los Angeles, she said. The firm was represented in the lease by Rich and Jason Schulz, principals at the J Rich Co.
New amenities, new approach; change is coming to 205 West Wacker. Discover the convenience of brand new on-site amenities, upgraded office space, riverside views and ideal location straddling River North and the Central Loop – all available at 205 West Wacker.
Have a safe and festive holiday season!
Office vacancy fell during the third quarter in downtown Chicago, reaching its lowest point since mid-2009, after six consecutive quarters of virtually flat leasing.