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Interactive Brokers Group Leases 60000 Square Feet At 10 South Riverside Plaza In Chicago

Property Image
LEASED
Kelsey Scheive
Kelsey Morgan
+ 2

Illinois

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Office60,000 SF
Leased 07/29/2025
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Property Image
LEASED

Interactive Brokers Group Leases 60000 Square Feet At 10 South Riverside Plaza In Chicago

10 S Riverside Plaza

See Similar Deals
Office60,000 SF
Leased 07/29/2025
Kelsey Scheive
Kelsey Morgan
+ 2
Contact now

Summary

ILLINOIS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:60,000 SF
Transaction Type:Lease

The property asset involved in this transaction is located at 10 South Riverside Plaza in Chicago. It is an office space with a total square footage of 60,000. The building has undergone a $75 million renovation and is currently 65% leased.

Summary of transaction details:

The deal represents a crucial moment for Interactive Brokers Group as it seeks to consolidate its Chicago offices, especially after a previous leasing deal fell through. The transaction is significant for the landlord, Hines, as it aims to stabilize occupancy rates within a challenging office leasing market.

Players

Bill Sheehy
8 deals(312) 315-9095
BROKER




CBRE
BROKERAGE

Laura Hines-Pierce
Hines
36 deals$3.8B volume
LANDLORD

Hines
LANDLORD

Details

LEASED
IMAGE: Mark Cassata, Kelsey Scheive, Bill Sheehy, Kelsey Morgan, Thomas Peterffy & Laura Hines-Pierce DATE: 07/29/2025 ADDRESS: 10 South Riverside Plaza MARKET: Chicago ASSET TYPE: Office ~ SF: 60,000 LANDLORD: Laura Hines-Pierce (@TXHines57) - Hines (@Hines) TENANT: Thomas Peterffy - Interactive Brokers Group (@InteractiveBrokers) BROKERS: Mark Cassata, Bill Sheehy, Kelsey Scheive (@KlScheive) & Kelsey Morgan - CBRE (@CBRE) NOTE: Interactive Brokers is in advanced talks to lease 60,000 square feet at 10 South Riverside Plaza, consolidating its Chicago offices after a previous deal fell apart. The $75 million-renovated tower, currently 65% leased, stands to benefit from the deal, which would stabilize occupancy amid a challenging office leasing market.

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Deal Type
Effective Rent (Annual)

$3,439,163.79

Total Lease Value

$34,391,637.93

Net Landlord Cash Flow$3,439,163.79