Savills represented Monroe Capital LLC, an asset management firm, in the upcoming relocation of its Chicago headquarters to 155 North Wacker. The new office space represents an approximate 38 percent increase in square footage, with the firm set to lease 40,000 square feet on more than one and a half high-rise floors starting in 2025.

Along with Savills Vice Chairman John Goodman, who led lease negotiations for Monroe, Associate Director Brandon Nasatir, Vice Chairman Eric Feinberg and Managing Director Isabel (Preskill) Schwartz were on the tenant advisory team. The building was represented by Newmark’s Bill Rolander. 

“Monroe Capital sought a long-term solution for its headquarters that included relocating to a trophy asset that offered improved access to in-building and neighborhood amenities,” said Goodman. 155 North Wacker Drive is a 1.3 million square foot, 46-story tower featuring amenities, including a state-of-the-art fitness center, conference facility, and eateries with views of Lake Michigan.

“155 N. Wacker Dr., a debt free asset owned by Morgan Stanley, is benefiting from a recent trend of flight to higher quality and well-capitalized assets by tenants like Monroe.”

Savills Associate Director Brandon Nasatir

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