Transwestern Brokers John Nelson, Eric Myers And Kathleen Bertrand Negotiate 159,403 SF Office Lease In Chicago
20 North Wacker Drive
Building Size
159,403 SF
Asset Type
Office
Closing
Jan 14, 2026
AI
The property asset involved in the transaction is located at 20 North Wacker Drive in Chicago, with a total square footage of 159,403. This asset is classified as office space within the Chicago market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not applicable
- Address: 20 North Wacker Drive
- Market: Chicago
- Asset Size: 159,403 SF
- Leasing Company: Transwestern
The leasing transactions were negotiated by Transwestern brokers John Nelson, Eric Myers, and Kathleen Bertrand at the Civic Opera Building, a historic tower encompassing a total of 915,000 square feet.
Players
Chicago Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93