Research Platform Tegus Relocates to 120 South LaSalle
Colliers International Chicago’s Tony Karmin and Joe Stevens represented Tegus, a fast-growing primary research platform for institutional investors, in its new 14,195-square-foot, long-term lease at 120 S. LaSalle St. The tenant plans to move 45 employees into the new space, which was designed specifically for growth and expansion up to 100 people, on April 1.
Karmin said Tegus was attracted to the space because it offered an efficient layout with natural light from the perimeter window line and the vintage building’s interior light court – and because ownership plans to upgrade its amenity package to include a “state-of-the-art” roof top lounge and fitness center.
“Employers want to provide their employees with a ‘cool’ work atmosphere, and today that includes modern, individual workspaces in well-amenitized buildings,” added Karmin. JLL represented the property’s ownership.
Tegus sells services and subscriptions to buy-side investors, including hedge funds, long-only funds, family offices and mutual funds.
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).