A joint venture of the Crown family and Tishman Speyer has signed a lease for 24,500 square feet at 222 North LaSalle Street in Chicago. This location is situated in the Downtown market and will serve as the new office space for Origami Risk, transitioning from their previous 11,600 square feet at Vornado Realty Trust’s Merchandise Mart.

Summary of transation details:

• Property Type: Lease
• Transaction Amount: Not disclosed
• Address: 222 N La Salle St, Chicago, IL, 60601
• Market: Chicago
• Tenant's Representative: Dougal Jeppe, Colliers International
• Tenant: Origami Risk
• Landlord: Tishman Speyer
• Square Feet: 24,500

Origami Risk expressed that the move was necessitated by the need for a larger space to accommodate its operations and employees. The new office facility will allow the company to host its workforce on a single floor within the 26-story building, which has a history as a construction materials showroom, known as the Builders Building.