Transwestern Arranges Eight Leases Totaling 88,990 SF in Chicago Office Tower

by Christina Cannon

­CHICAGO —Transwestern has arranged eight leases totaling 88,900 square feet at a 45-story office tower in Chicago’s West Loop. The new deals bring the 928,040-square-foot building, located at 200 W. Madison St., to 92 percent occupancy. The transactions include:

  • Greensfelder, Hemker & Gale P.C., renewed and expanded its lease to 22,897 square feet
  • Premier Business Centers leased 15,204 square feet
  • Philadelphia Insurance Cos. leased 11,446 square feet
  • VacayStay Connect LLC leased 6,500 square feet
  • Beacon Hill Financial Corp. leased 5,262 square feet

Transwerstern has managed the property since 2011 and is spearheading a $5 million renovation, which will include an updated lobby, 30-foot green wall, new lounge areas, a clubroom, updated elevators and an expanded fitness center with yoga room. Michael Lirtzman, Courtney Baratz, Jeff Dowdell and Katie Steele of Transwestern brokered the leases on behalf of the building owner, MEPT.

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