Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Chicago & Midwest  + Downtown  + Office  | 

Impact Networking Nearly Triples Its Downtown Space

Managed service provider Impact Networking has renewed and expanded its downtown space at 150 N. Michigan Ave. in a deal brokered by CBRE. The 19,000-square-foot lease represents an expansion from the tenant’s current 7,000 square feet, and runs for 13 years.

“This expansion will position Impact to recruit and retain the top-tier talent that will propel it to even greater heights in the near future,” said CBRE’s Bill Sheehy, who, along with colleague Brian McDonnell represented Impact. The new space, which represents the 41-story property’s top two floors, provides “an excellent location for long-term growth.”

CBRE’s Sara Spicklemire, Seth Tuscher and Kelsey Scheive represented CBRE Global Investors, the property’s ownership. The Lake Forest, IL-based tenant will initiate a build-out of 150 N. Michigan’s penthouse suite. As part of the deal, Impact will receive prominent logo visibility and signage on the property’s street level.

Get Chicago News in 150 Words

For comments, questions or concerns, please contact Paul Bubny


Inside The Story

Connect With CBRE's SheehyConnect With CBRE's Spicklemire

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 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).

Step 1: Select Education
  • ◦Lease