The property involved in this lease transaction is the Inland Steel Building, located at 30 W Monroe St, Chicago, IL, 60603. The building spans a total of 250,000 square feet and consists of a 19-story office tower and a 25-story service tower. The specific lease is for 13,424 square feet of space on the 16th floor, contributing to the building's LEED Gold Certification and offering amenities such as an onsite fitness center, bike room, and a restaurant.

Summary of transaction details:

• Property Type: Lease
• Transaction Amount: Not disclosed
• Square Feet: 13,424
• Address: 30 W Monroe St, Chicago, IL, 60603
• Market: Chicago
• Tenant: Scopelitis, Garvin, Light, Hanson & Feary, P.C.
• Landlord: Capital Properties
• Tenant’s Representative: Corby Marx (Colliers International), Jon Azulay (Savills)
• Landlord’s Representative: Mark Buth (MB Real Estate)

Corby Marx from Colliers International and Jon Azulay from Savills represented the tenant, Scopelitis, Garvin, Light, Hanson & Feary, P.C., which has been a long-term tenant at 30 West Monroe since 2003. The landlord, Capital Properties, was represented by Mark Buth from MB Real Estate. The transaction marks an expansion of Scopelitis from its previous space on the fifth floor to occupy the entire 16th floor, aiming to modernize within a favorable location in close proximity to Chicago’s courthouses.