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Neuberger Berman Leases 52000 SF Office Space At 191 North Wacker Drive In Chicago
LEASED
Illinois
See Similar DealsOffice52,000 SF
Leased 01/28/2025
LEASED
Neuberger Berman Leases 52000 SF Office Space At 191 North Wacker Drive In Chicago
191 West Upper Wacker Drive
See Similar DealsOffice52,000 SF
Leased 01/28/2025
Summary
ILLINOIS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:52,000 SF
Transaction Type:Lease
The property asset involved is an office space located at 191 North Wacker Drive in Chicago's West Loop. The total square footage of the asset is 52,000 square feet. Neuberger Berman has signed a lease for the top two floors of this property.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 191 North Wacker Drive
- Market: Chicago
- Tenant: George Walker - Neuberger Berman
- Brokers: Adam Southard, James Wenk & Robert Sevim - Savills
Robert Sevim and Jim Wenk from Savills represented Neuberger Berman in this leasing transaction. The brokers noted that the availability of these top floors presented a prime match for the investment firm.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,980,608.62
Total Lease Value
$29,806,086.21
Net Landlord Cash Flow$2,980,608.62
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