Onni Group Secures Law Firm Neal Gerber & Eisenberg With 90k SF Lease At 225 West Randolph St | 225 West Randolph Street | Todd Lippman, Kyle Kamin, Matthew (Matt) Whipple, Jack O’Brien | Office | Lease

Summary

Lease

ILLINOIS

Office

90,000 sqft

The Onni Group, a real estate developer based in Vancouver, has secured the law firm Neal Gerber & Eisenberg as the first tenant for its recently redeveloped office tower located at 225 West Randolph Street in downtown Chicago. The lease agreement spans three floors and covers a total of 90,000 square feet in this iconic 31-story building. Onni acquired the landmark property for $166 million in 2021, indicating its optimism about the future of the downtown Chicago office market.

Summary of transaction details

Property Type: Office
Transaction Amount: Not specified
Address: 225 West Randolph Street, Chicago
Market: Chicago
Square Footage: 90,000

The tenant, Neal Gerber & Eisenberg, will occupy 90,000 square feet of office space across three floors in Onni Group's redeveloped office tower at 225 West Randolph Street in downtown Chicago. This lease agreement marks a significant milestone for both parties involved. The deal was facilitated by Kyle Kamin and Todd Lippman of CBRE, who represented the interests of Neal Gerber & Eisenberg. On the other hand, Jack O'Brien and Matthew Whipple of Telos Group served as representatives for the landlord, Onni Group.

Players

All
6

Agents
4
Agencies
2

Todd Lippman

Kyle Kamin

Vice Chairman

Matthew (Matt) Whipple

Senior Vice President

Details

Deal Summary

LEASED

IMAGE: Bobby Gerber, Todd Lippman, Jack O’Brien, Kyle Kamin & Matthew Whipple DATE: 11/28/2023 ADDRESS: 225 West Randolph Street MARKET: Chicago ASSET TYPE: Office ~ SF: 90,000 LANDLORD: Onni Group (@OnniGroup) - Rossano DeCotiis TENANT: Neal Gerber & Eisenberg - Bobby Gerber LANDLORD'S REP: Jack O’Brien (@JackoTelos) & Matthew Whipple - Telos Group TENANT'S REP: Kyle Kamin & Todd Lippman - CBRE (@CBRE) NOTE: Vancouver's Onni Group has secured law firm Neal Gerber & Eisenberg as the first tenant for its redeveloped office tower at 225 W. Randolph Street in downtown Chicago, with a 90,000-square-foot lease spanning three floors. The 31-story landmark building was acquired by Onni for $166 million in 2021, marking its bet on the future of the downtown Chicago office market.

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Address225 West Randolph Street

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