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Chicago & Midwest  + Illinois  + Office  | 

Industrious Takes Nearly 50K SF at KBS’ 500 W. Madison in Chicago

Newport Beach, CA-based KBS signed a new 46,500-square-foot lease with Industrious at 500 West Madison in Chicago. The workplace platform offers coworking space in more than 20 locations across the country, including seven in Chicago.

500 West Madison is a 40-story, Class A office tower, totaling 1.46 million square feet and is part of the KBS Real Estate Investment Trust III portfolio. It is Chicago’s largest LEED Gold-certified building, and was named BOMA’s Building of the Year twice. The West Loop office submarket building sits above Ogilvie Transportation Center, one of Chicago’s main train stations.

KBS’ Dan Park says “500 West Madison is an iconic property within the broader Chicago office market. The tower offers tenants an unparalleled lifestyle experience in the workplace, thanks to its onsite amenities, accessibility and premier location.”

CBRE’s Paul Reaumond, Ian Murphy and Mark Cassata represented the tenant. Cushman & Wakefield’s Wendy Katz, Matt Lerner and Barbara Schenberg advised the landlord.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

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