office headquarters

Cushman & Wakefield Secures Lease Restructuring and Extension for USG Global Headquarters

Extensive process culminates in renewal at 550 W. Adams St. in Chicago CHICAGO, February 14, 2019 – Cushman & Wakefield has represented USG Corporation in restructuring and securing a 10-year lease extension for the company’s global headquarters at 550 W. Adams St. in Chicago. The global building materials manufacturer will remain in 220,000 square feet (SF) on floors 11 through 18. Chris Wood, David Stefancic and Brian Duffy represented USG in lease negotiations. Joy Jordan and Emily Marquardt of Telos Group represented the landlord, GLL Real Estate Partners. Cushman & Wakefield will also provide project management services to USG as part of a renovation of the headquarter facilities. Chris Wood, Executive Managing Director, Transaction Advisory at Cushman & Wakefield Chicago, “USG has been based in Chicago for more than 100 years. The company executed an in-depth and detailed search for office space, looking at existing buildings in the central business [...]

Cushman & Wakefield Represents Thor Equities Group in Securing Mondelez International Office Relocation

New long-term lease brings global consumer brands company to Fulton Market CHICAGO, February 6, 2019 – Cushman & Wakefield represented landlord Thor Equities Group in leasing 905 West Fulton Market, in Chicago’s popular Fulton Market District, to Mondelez International. The company signed a 15-year lease for 83,250 square feet (SF) at the prime mixed-use property. The lease includes all 77,100 SF of office space and 6,150 of retail space, leaving 10,450 SF available for lease in the building. Mark Bâby and Ben Cleveland of Cushman & Wakefield represented Thor Equities Group in the transaction. Kyle Kamin and Chris Reynolds of CBRE represented Mondelez. Mark Bâby, Managing Director, Cushman & Wakefield: “The brick and timber loft style building at 905 West Fulton Market was an ideal headquarters opportunity for Mondelez’s relocation from Deerfield. Working with Mondelez needs, Thor structured an attractive office solution that benefited both parties. Mondelez’s occupancy will be [...]

TCS Education System Advances “Radical Cooperation” with New Loop

Jeffrey Skender, Ari Klein, Craig Cassell, Scott Shelbourne, Marcus Berglund, Bill Starcevich and Jon Sisco of Cushman & Wakefield represented TCS   CHICAGO, October 18, 2018 – Cushman & Wakefield was engaged by TCS Education System for a long-term lease signing & build out at 203 N. LaSalle to advance the nonprofit System’s strategic goals. The System moved into its new headquarters on Monday, October 8, and occupies 28,544 square feet – approximately half of the 19th floor. They relocated from their previous 350 N. Orleans headquarters of nearly ten years to better serve their talent with collaborative spaces and the opportunity to “live their brand”. Jeffrey Skender, Ari Klein, Craig Cassell, Scott Shelbourne and Marcus Berglund represented TCS in lease negotiations and Bill Starcevich and Jon Sisco managed the build out project. “TCS came to us with a challenge – leverage a termination option in their current lease and [...]

Cushman & Wakefield Arranges HQ Lease Renewal for True Value

CHICAGO, January 23, 2016 – Cushman & Wakefield announced today that True Value Company has executed a 125,000-square-foot lease renewal at Presidents Plaza office complex in Chicago’s O’Hare submarket. The recommitment will maintain the hardware cooperative’s headquarters at 8600 W. Bryn Mawr Ave. Cushman & Wakefield Executive Managing Directors Chris Wood and Scott Goldman represented True Value in the transaction. Glenstar Properties LLC, Owner and Manager of Presidents Plaza, was represented in-house by David Trumpy. “We worked closely with True Value’s executive team to evaluate the suburban Chicago office market and assessed a number of options that could meet the needs of the company,” said Wood. “Ultimately, the decision to remain at Presidents Plaza provided True Value with the most favorable combination of economic benefits and facility enhancement options.” Located in Chicago’s O’Hare submarket, Presidents Plaza comprises over 800,000 square feet of Class A office space in four interconnected towers. [...]

Cushman & Wakefield Consolidating Chicago Operations at 225 West Wacker

CHICAGO, October 5, 2016 – Cushman & Wakefield announced today that the firm will consolidate its corporate headquarters and Chicago operations at 225 West Wacker in the West Loop submarket. The firm plans to occupy 225 West Wacker in the second quarter of 2017, leasing 83,033 square feet comprising the building’s top four floors. Dan Maslauski, Michael Sessa and Scott Shelbourne represented Cushman & Wakefield in lease negotiations, while Hines’ Brian Atkinson and Mark Anderson represented building ownership, Mirae Asset Global Investments. “This is a great day for our Chicago office and, ultimately, for our clients. As leaders in our industry, our new space will reflect our best thinking on workplace productivity, collaboration, and technology,” said Shawn P. Mobley, Cushman & Wakefield President, East Region. “We’re in the people & ideas business. Bringing our people together in this incredible space attracts great talent and leads to more innovative solutions for [...]