Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Irvine Company Leases Nearly 1M SF of Chicago Office Space
Irvine Company has seen strong leasing momentum across its Chicago portfolio, with nearly one million square feet of office space leased to financial and professional service firms since July.
Irvine’s Chicago portfolio is currently 95% leased. “Our Chicago trophy towers are where companies and their teams want to be – close to transportation and dining with exceptional amenity offerings that make the workday better,” said Roger DeWames, President of Irvine Company Office Properties.
A notable recent lease transaction included PricewaterhouseCoopers signing a 10-year lease renewal on its entire 282,577-square-foot workplace, which is home to 4,000 team members. The deal is one of the largest downtown recommitments in the last several years.
Irvine has a reinvestment plan underway at 300 North LaSalle that includes a lobby renovation, a new coffee bar, a transformed fitness center, and new meeting and event venue spaces. The company recently completed amenity floor transformation at One North Wacker, part of the building’s $10 million reinvestment.
