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Boston Consulting Group Leases 250,000 Sq Ft At 360 N Green, Chicago

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LEASED

Illinois

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250,000 SF
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LEASED

Boston Consulting Group Leases 250,000 Sq Ft At 360 N Green, Chicago

360 N Green St, Chicago, IL, 60607

See Similar Deals
250,000 SF
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Summary

ILLINOIS
Price Per Square Foot:$0
Total Square Footage:250,000 SF
Transaction Type:Lease

Located at 360 N Green St, Chicago, IL, 60607, the property is a 24-story, 500,000-square-foot office and retail development in Chicago's Fulton Market district. Boston Consulting Group (BCG) has signed a 15-year lease for roughly 250,000 square feet of office space in this building, where they plan to move 1,000 of their Chicago-based employees. The developers of this building are Sterling Bay and J.P. Morgan Global Alternatives, with the design done by Gensler. Construction of the building is set to commence in the summer.

Summary of transaction details:

  • Property Type: Office and Retail
  • Transaction Amount: Not Disclosed
  • Landlord's Representative: Russ Cora (Sterling Bay)
  • Tenant: Boston Consulting Group
  • Landlord: J.P. Morgan Global Alternatives
  • Square Feet: 250,000

Nancy Pacher, Lisa Konieczka, and Meredith Bell Frese of CBRE acted as representatives for the tenant, Boston Consulting Group. On the other side, Russ Cora and Jess Brown represented ownership internally. This lease agreement signifies a significant move for BCG, positioning them in a prime location within Chicago's thriving business district.

Players

Russ Cora
4 deals(312) 202-3442
BROKER

J.P. Morgan Chase
LENDER

Details

LEASED
IMAGE: 360 N Green St, Chicago, IL, 60607 MARKET: Chicago LANDLORD'S REP: Russ Cora(Sterling Bay) TENANT: Boston Consulting Group LANDLORD: J.P. Morgan Global Alternatives SQUARE FEET: 250000

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Deal Type
Effective Rent (Annual)

$14,329,849.14

Total Lease Value

$143,298,491.39

Net Landlord Cash Flow$14,329,849.14