Accenture Tower

C&W Represents KBS in Major Lease of 500 W. Madison to Accenture

CHICAGO – July 10, 2019 -- Cushman & Wakefield and KBS, one of the largest owners of commercial real estate, announced today that 500 West Madison in Chicago will become Accenture Tower, pending city approval. Accenture PLC, a leading global professional services company that provides a broad range of services and solutions in strategy, consulting, digital, technology and operations around the world, expanded its lease at the property by 152,454 square feet and now leases a total of 226,486 square feet, making it the anchor tenant of the building. The property is owned by KBS Real Estate Investment Trust III. Wendy Katz, Executive Director, and Matt Lerner, Senior Director, of Cushman & Wakefield represented KBS in the transaction. Accenture Tower is a 40-story, 1.47-million-square-foot asset located in Chicago’s West Loop. The post-modern styled building sits above Ogilvie Transportation Center, one of the main suburban train stations connecting downtown Chicago to [...]