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Goldman Ismail Tomaselli Brennan & Baum Signs 43,000-SF Lease At 191 North Wacker Drive

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LEASED
Eric Myers
Kathleen Bertrand
+ 1

Illinois

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Office43,000 SF
Leased 03/04/2025
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Property Image
LEASED

Goldman Ismail Tomaselli Brennan & Baum Signs 43,000-SF Lease At 191 North Wacker Drive

191 North Wacker Drive

See Similar Deals
Office43,000 SF
Leased 03/04/2025
Eric Myers
Kathleen Bertrand
+ 1
Contact now

Summary

ILLINOIS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:43,000 SF
Transaction Type:Lease

The asset involved in this lease transaction is an office space located at 191 North Wacker Drive in Chicago, encompassing a total area of 43,000 square feet. The property is positioned in a market where downtown office vacancies stand at 26.3%. The tenant is significantly expanding its footprint, moving from a 22,000-square-foot lease at 200 South Wacker Drive to this new space.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Square Footage: 43,000
  • Address: 191 North Wacker Drive
  • Market: Chicago
  • Landlord: Roy Gori - Manulife; Oliver Bäte - Allianz
  • Tenant: Alan E. Littmann - Goldman Ismail Tomaselli Brennan & Baum
  • Landlord's Representative: Eric Myers, Kathleen Bertrand & Katie Steele - Transwestern
  • Tenant's Representative: Michael Marrion - Cresa

This transaction highlights the involvement of key industry players where Roy Gori and Oliver Bäte represent the landlords, while Alan E. Littmann is the tenant representing Goldman Ismail Tomaselli Brennan & Baum. The respective brokers, Eric Myers, Kathleen Bertrand, and Katie Steele from Transwestern, along with Michael Marrion from Cresa, played significant roles in facilitating this lease agreement.

Players

Michael Marrion
1 deal
BROKER

Eric Myers
Transwestern
8 deals(312) 881-7017
BROKER


Details

LEASED
IMAGE: Eric Myers, Michael Marrion, Oliver Bäte, Kathleen Bertrand, Roy Gori, Alan E. Littmann & Katie Steele DATE: 03/04/2025 ADDRESS: 191 North Wacker Drive MARKET: Chicago ASSET TYPE: Office ~ SF: 43,000 LANDLORD: Roy Gori - Manulife (@Manulife); Oliver Bäte - Allianz (@Allianz) TENANT: Alan E. Littmann - Goldman Ismail Tomaselli Brennan & Baum LANDLORD'S REP: Eric Myers, Kathleen Bertrand & Katie Steele - Transwestern (@Transwestern) TENANT'S REP: Michael Marrion - Cresa (@CresaGlobal) NOTE: Goldman Ismail Tomaselli Brennan & Baum is nearly doubling its office space, signing a 43,000-SF lease at 191 North Wacker Drive and exiting its 22,000-SF lease at 200 South Wacker five years early. The move bucks Chicago’s downsizing trend, as downtown office vacancies hit 26.3%.

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Deal Type
Effective Rent (Annual)

$2,464,734.05

Total Lease Value

$24,647,340.52

Net Landlord Cash Flow$2,464,734.05