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Chicago & Midwest  + Downtown  + Office  |  August 8, 2019
Paul Bubny
By: Paul Bubny

Chicagoland Commercial Secures Trio of Downtown Leases

Chicagoland Commercial Real Estate (CCRE) recently arranged three downtown office leases totaling 12,775 square feet. In the largest of the three, CCRE’s Randy Olczyk represented new tenant MD Live in securing a seven-year lease of 7,554 square feet at KBS’ 500 W. Madison. Wendy Katz and Matt Lerner of Cushman & Wakefield represented ownership.

In the second deal, CCRE’s Ray Okigawa represented Japan America Society of Chicago Inc. in a five-year, 1,952-square-foot renewal at One North LaSalle. Landlord Bridge Investment Group was represented by JLL’s Melissa Rubenstein.

Lastly, Olczyk and Okigawa represented Spartan Logistics Services LLC in a new five-year lease of 3,294 square feet at 314 W. Institute Pl. in River North. Justin Kessler and Craig Nadborne of Bradford Allen Realty Services represented landlord Elmdale Partners.

Pictured: 500 W. Madison

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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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