Howard & Howard Leases 22,000-SF Office Space At Two Pru In Chicago From Landlord Larry Krueger

The property involved in this transaction is an office space located at 180 North Stetson Avenue in Chicago. The asset encompasses a total of 22,000 square feet and is situated on the 14th floor of Two Pru. The lease was finalized in the context of a multiyear agreement, contributing to the occupancy rate of Two Pru, which now stands at 78.5%.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Landlord: Larry Krueger - Wanxiang America Real Estate Group
• Tenant: Howard & Howard
• Landlord's Representative: Annie Kwasigroch & Daniel Heckman - Riverside Investment & Development Company
• Tenant's Representatives: Brandon Nasatir, Eric Feinberg, Isabel Schwartz & John Goodman - Savills

Howard & Howard Attorneys is downsizing from a previous office space of 33,000 square feet. This relocation brings a significant shift in the operational footprint of the tenant as it transitions to a more compact workspace. The lease arrangement was orchestrated by the brokerage firm Savills, which facilitated the negotiation process.