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Chicago & Midwest  + Chicago + Downtown  + Office  |  January 24, 2022
Savills advised Illinois’ leading child and family service agency, Children’s Home & Aid, in leasing a new headquarters at 200 W. Monroe in downtown Chicago
Paul Bubny
By: Paul Bubny

Savills Arranges New HQ for Children’s Home & Aid

Savills advised on a new real estate strategy on behalf of Illinois’ leading child and family service agency, Children’s Home & Aid. The agency will relocate its headquarters from 125 S. Wacker to a 12,515-square-foot space at 200 W’. Monroe. Additionally, the agency will restructure and renew its lease at its 20,000-square-foot program office at 100 North Western. 

Children’s Home & Aid has 23 locations statewide, and its Chicago presence includes its headquarters location and a program office. Savills vice chairmen Eric Feinberg and John Goodman and associate director Isabel Preskill created a new real estate strategy as both lease expiration dates approached. 

“Children’s Home & Aid possesses a people-first mindset, and its real estate strategy sought to reflect this,” said Preskill. “Location played a major role in determining the areas for both of the agency’s offices as they needed to reside near the communities in which they serve.” 

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Savills' Preskill

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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