CHICAGO, July 10, 2018 – Cushman & Wakefield announced today that the firm secured a lease extension and expansion for Crowe LLP’s Chicago office at 225 West Wacker Drive. Once the expansion is completed, Crowe will occupy approximately 51,000 square feet (SF) overlooking the newly developed Riverwalk along the bend of the Chicago River. Crowe is a public accounting, consulting, and technology firm with offices around the world.
Cushman & Wakefield Executive Managing Director Scott Goldman and Senior Director Josh Feldman represented Crowe in the transaction.
Crowe has been a subtenant at 225 West Wacker for the past four years, occupying nearly 37,000 SF over one and one-half floors. The long-term lease enables Crowe to accommodate robust growth and expand by another 13,000 SF, bringing its total office space to two full floors and more than 51,000 SF.
The new floorplan includes an option to renovate both floors, with an open-plan design creating neighborhoods and a variety of work spaces to accommodate all work styles and needs. The modern layout is more conducive to collaboration and consistent with Crowe’s space and people strategies.
“We are excited about staying at 225 West Wacker because it’s a great location, our people love the energy in the area, the proximity to some of downtown Chicago’s best venues, and the ease of traveling to and working in the office,” said Melinda Haag, director, Crowe global services. “We wanted a solution to support Crowe’s growth and space strategies.”
“Crowe has a 75-year legacy globally, with a significant Chicago presence, and they needed a solution to accommodate the firm’s growth and market brand,” said Josh Feldman, Senior Director, Cushman & Wakefield. “After a thorough analysis of options, this was a logical direction for the firm.”
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that delivers exceptional value by putting ideas into action for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, advisory and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
Crowe LLP (www.crowe.com) is a public accounting, consulting and technology firm with offices around the world. Crowe uses its deep industry expertise to provide audit services to public and private entities. The firm and its subsidiaries also help clients make smart decisions that lead to lasting value with its tax, advisory, risk and performance services. Crowe is recognized by many organizations as one of the best places to work in the U.S. As an independent member of Crowe Global, one of the largest global accounting networks in the world, Crowe serves clients worldwide. The network consists of more than 200 independent accounting and advisory services firms in more than 130 countries around the world.