The transaction involves office space located at 10 & 30 South Wacker Drive in the Chicago market. The property consists of an asset type classified as office with a total transfer of 20,600 square feet leased. Arrive Logistics has expanded its lease within Tishman Speyer’s CME Center, enhancing their operational footprint significantly.

Summary of transation details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Lease Term: 11 years
• Landlord: Nooshin Felsenthal - Tishman Speyer
• Tenant: Arrive Logistics
• Landlord's Representative: Ellen May & Isabella Rapken - Tishman Speyer
• Tenant's Representative: Terry Herlihy - NAI Hiffman

The expansion by Arrive Logistics brings their total leased space to 77,666 square feet, with the lease now extending through the year 2037. The transaction included representation from Terry Herlihy for the tenant, while Tishman Speyer was represented by the in-house team of Ellen May and Isabella Rapken for the landlord.