Colliers International Chicago’s Tony Karmin and Joe Stevens represented Tegus, a fast-growing primary research platform for institutional investors, in its new 14,195-square-foot, long-term lease at 120 S. LaSalle St. The tenant plans to move 45 employees into the new space, which was designed specifically for growth and expansion up to 100 people, on April 1.
Karmin said Tegus was attracted to the space because it offered an efficient layout with natural light from the perimeter window line and the vintage building’s interior light court – and because ownership plans to upgrade its amenity package to include a “state-of-the-art” roof top lounge and fitness center.
“Employers want to provide their employees with a ‘cool’ work atmosphere, and today that includes modern, individual workspaces in well-amenitized buildings,” added Karmin. JLL represented the property’s ownership.
Tegus sells services and subscriptions to buy-side investors, including hedge funds, long-only funds, family offices and mutual funds.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism.
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