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| Sara Spicklemire |
CHICAGO, IL --- CBRE Global Investors announced the signing of three
lease agreements at 150 North Michigan, a Class A 41-story office tower known
for its iconic diamond-shaped peak, sweeping views of Lake Michigan and
Millennium Park, and proximity to leading entertainment and retail
destinations.
The German American Chamber of Commerce of the Midwest (GACC Midwest) will take a full floor at the building, while Insight Global Tech will occupy 11,469-square-feet on the 36th floor.
The German American Chamber of Commerce of the Midwest (GACC Midwest) will take a full floor at the building, while Insight Global Tech will occupy 11,469-square-feet on the 36th floor.
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| Kelsey Scheive |
Jackson
Lewis, one of Chicagoland’s most prestigious law firms, also inked a long-term
renewal for 29,793 square feet on the 24th and 25th floors.
Representing 59,321
square feet of leasing activity, the latest leasing surge comes on the heels of
a $7 million repositioning project at 150 North Michigan.
Recent improvements to the 654,508-square-foot tower include
a reimagined lobby with expanded gathering areas, communal seating,
contemporary decor inspired by Millennium Park, abundant natural light and a
revamped front entrance that engages the surrounding streetscape.
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| Seth Tuscher |
“150
North Michigan enables companies to elevate their business through a dynamic
package of incomparable amenities and Chicago’s premier location,” said Mark
Zikakis, Principal and Head of U.S. Asset Management at CBRE Global
Investors.
“Our
significant capital investment to attract and retain top professional talent is
producing quantifiable results for tenants, while also sparking renewed
interest for tech-equipped workspace in our tower.
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| Mark Zikakis |
"Leasing
momentum remains robust as we start a new year, and we’re thrilled to welcome
another group of distinguished brands to our growing workplace
community.”
“We are entering a new era of the workplace, and A&B is an evolution of our commitment to keeping pace with the workplace trends that matter to today’s tenants,” said Garin North, National Director of the A&B program.
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| Garin North |
“We are entering a new era of the workplace, and A&B is an evolution of our commitment to keeping pace with the workplace trends that matter to today’s tenants,” said Garin North, National Director of the A&B program.
“These recent lease agreements speak to the success of differentiators such as A&B, and further emphasize the need for hospitality-infused workspaces that help tenants to achieve their bottom-line business goals.”
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| 150 North Michigan office tower, Chicago, IL |
150
North Michigan is currently 87% leased, with more than 196,000 square feet in
leasing activity occurring since CBRE Global Investors assumed ownership.
Marquee tenants include Newcastle Limited (18,724 SF), National Public Radio (6,135 SF), C+R Research (17,274 SF) and Impact Networking (18,899 SF).
Marquee tenants include Newcastle Limited (18,724 SF), National Public Radio (6,135 SF), C+R Research (17,274 SF) and Impact Networking (18,899 SF).
To
learn more about floor plans and available units at 150 North Michigan, please click here. Photos of the property can be found here. For
additional information on A&B, click here.
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