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Huron Maintains West Loop HQ with 134K-SF Renewal
Colliers International’s David Burden and Michael Marrion represented global professional services firm Huron in its 134,000-square-foot headquarters lease restructure and renewal at Union Tower in the West Loop. The renewal runs for 10 years.
“Huron is excited to see all of the new construction and redevelopment activity in the area and is excited to continue to call the southwest Loop submarket its home for the next 10 years,” said Burden.
He added, “Huron plans to renovate and improve its workplace in phases over the next few years. The redesign of more open floor plans will allow Huron to increase efficiency and improve productivity and recruiting.”
The new ownership, Onni Group, contributed significantly to Huron’s improvements and agreed to additional upgrades to common areas. Vancouver-based Onni acquired the 17-story tower at 550 W. Van Buren for $80 million last winter. Cushman & Wakefield’s Benjamin Cleveland and Mark Gunderson handle leasing for Onni.
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