Chicago & Midwest + Office | July 11, 2019

KBS’ 500 W. Madison to Become Accenture Tower

KBS’ 500 West Madison will be rebranded as Accenture Tower, as the professional services firm anchors the 1.47-million-square-foot property. Accenture is centralizing its Chicago operations, and 6,200 local employees, at the tower, expanding to seven floors for a total of 226,486 square feet.

“The building brings optimal flexibility and growth for Accenture as it unites its Chicago-based people in one location,” said Cushman & Wakefield’s Wendy Katz, who brokered the deal for KBS. “Accenture Tower is situated in the center of the hottest Chicago submarkets, including the West Loop, Fulton Market and River North, making it a prime location” for Accenture’s workforce.

“Our new agreement with Accenture is a testament to the building’s exceptional amenities and prime location, which are aimed to provide tenants a unique work-play lifestyle,” said KBS’ Dan Park.

CBRE’s Kyle Kamin, Todd Lippman and Michael Dash represented Accenture. Katz, and her colleague Matt Lerner, represented KBS.

Subscribe to Connect Daily Chicago

For comments, questions or concerns, please contact Paul Bubny

Connect

Inside The Story

Connect With KBS’ ParkConnect With Cushman & Wakefield’s KatzConnect With CBRE’s Kamin

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).