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Ivanhoé Cambridge, Hines Ink West Loop Lease with Raymond James
Ivanhoé Cambridge, alongside Hines, announced that a lease for nearly two full floors was signed with Raymond James at 120 South Riverside Plaza. The global financial services firm will relocate its regional office operations to the property, which is part of the 1.4 million-square-foot office complex in Chicago’s West Loop.
Raymond James was represented by Todd Brandon, Steve Schneider, Chip Evans, and Presley Norby of Cushman & Wakefield in the transaction. Ownership was represented by Kelsey Scheive and Kelsey Morgan of CBRE.
“The flight to high-quality, amenity-rich workspace continues to drive the Chicago office market, and we expect there to be continued strong leasing demand in this complex, especially with the investments we’re making to further modernize the property and enhance the lifestyle-driven customer experience,” said Charlie Musgrave, VP at Ivanhoé Cambridge.
Ivanhoé Cambridge and Hines hired a consulting firm to implement innovative smart building strategies and to improve the user experience.