Shore Capital Partners Expands Downtown Office At 1 East Wacker Drive

The downtown office building at 1 East Wacker Drive in Chicago has seen an expansion by tenant Shore Capital Partners. The company has added another floor to its space, bringing its total square footage to 55,000, making Shore Capital the largest tenant in the building. This lease extension provides stability for landlord AmTrust Realty, particularly as they continue ongoing renovations of their office portfolio.

Summary of Transaction Details:

• Property Type: Office
• Transaction Amount: Not Available
• Address: 1 East Wacker Drive, Chicago
• Market: Chicago
• Landlord: AmTrust Realty
• Tenant: Shore Capital Partners - Justin Ishbia
• Landlord's Rep: Melissa Rubenstein - JLL
• Tenant's Rep: Brad Serot & Ian Murphy - CBRE
• Asking Rent: $36.44/ft.

This lease expansion by Shore Capital Partners showcases their commitment to the downtown location at 1 East Wacker Drive. The addition of another floor demonstrates their need for additional space as their business grows. With CBRE brokers Brad Serot and Ian Murphy representing the tenant and JLL broker Melissa Rubenstein representing the landlord, this transaction highlights the importance of experienced representatives in successful lease negotiations.