Hireology Leases 31,000 Square Feet Office Space At 24 East Washington Street Chicago

The asset involved in the transaction is an office space located at 24 East Washington Street in Chicago, comprising 31,000 square feet. The lease has been secured by next tenant, Hireology, as they relocate from their previous premises at 303 E. Wacker to seek a more commuter-friendly office environment for their workforce. The landlord of the property is Brookfield Properties.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 24 East Washington Street
• Market: Chicago
• Landlord: Brookfield Properties
• Tenant: Adam Robinson - Hireology
• Landlord's Representative: Jack O'Brien & JD Parcheta - Telos Group
• Tenant's Representative: Ari Klein, Jeff Skender & Scott Shelbourne - Cushman & Wakefield

This lease marks a significant move for Hireology as they seek to enhance their office presence in Chicago. The transaction contributes to the leasing momentum for Brookfield’s redeveloped upper floors, while it also signifies a possible vacancy risk for the departing tenant's previous location at 303 E. Wacker, which is managed by 601W and David Werner.