CHICAGO — Clear Channel Communications has signed a 107,000-square-foot office lease at 233 North Michigan Avenue, located in downtown Chicago. Already a tenant at the building, Clear Channel will continue to lease all of the 27th and 28th floors and part of the 31st floor, but it will expand its presence in the building by leasing the entire third floor. This space will house the company’s Katz Communications business unit, which will be relocating from its previous offices at the NBC Tower. The new lease represents a 35,000-square-foot expansion and includes a tenant improvement package that will be used to build out the new space for Katz. Richard Schuham, Andrew Kelly and Bruce Rothman of Studley represented Clear Channel in lease negotiations. Brian Whiting and Jack McKinney, Jr. of J.F. McKinney & Associates represented the landlord, Parkway Properties.
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