Chicago & Midwest + Downtown + Office | December 21, 2022

CIM Group executed nearly 109,000 square feet of office leases at 425 S. Financial Place in Chicago's Loop

CIM Group Leases More Than 100K SF to Chicago Financial Services Tenants

CIM Group executed three leases with financial industry businesses totaling 108,975 square feet at 425 S. Financial Pl., its 40-story, one-million-square foot office complex in Chicago’s Central Loop. The deals included a relocation, an expansion and a renewal.

Loop Capital, a full-service investment bank, brokerage and advisory firm, will occupy approximately 36,676 square feet in a relocation. Chicago Trading Company, a tenant since 2009, is expanding by 46,343 square feet. TICG Management, which offers a range of products, renewed its lease for 25,956 square feet.

“We believe recent leasing activity at 425 S. Financial Place demonstrates that well-located, quality office properties remain attractive to businesses,” said Shaul Kuba, co-founder and principal, CIM Group. “Employers want an appealing environment, with a variety of communal amenities and easy access to shopping, dining and transportation. We see these attributes continuing to drive the decision-making process in selecting an office location.”

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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 13-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 15-20 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).