office headquarters

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 [...]