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Transwestern Brokers IHDA Lease at Michigan Plaza
Transwestern announced the Illinois Housing Development Authority (IHDA) signed a new, 72,645-square-foot lease at Michigan Plaza, 205 and 225 N. Michigan Ave.
Transwestern Agency Leasing Executive Vice President Mark Buth, Senior Vice President Kathleen Bertrand, and Senior Vice President Steve Hennessy represented Michigan Plaza’s landlord, Aegis Asset Management. IHDA was represented by Avison Young brokers Jeff Lindenmeyer, Chris O’Leary, and Shannon Connerty Morris.
The nearly 2-million-square-foot complex is also managed by Transwestern, with Hennessy serving as General Manager. IHDA will occupy space in the 978,693-square-foot 225 N. Michigan Ave. building.
Prominently located on Michigan Avenue south of the Chicago River, amenities at Michigan Plaza include multiple tenant lounges, a state-of-the-art fitness center, and outdoor space. The third-floor lounge provides tenants with access to a modern kitchen and conferencing with space for up to 125 guests.
