The property involved in this transaction is an office asset located at 35 East Wacker Drive, Chicago. It encompasses a total of 25,445 square feet. The ownership of the asset includes Prime Group and CRG, who acquired the 556,200 square foot landmark property for $36 million in 2023. The building has seen an increase in occupancy rates, now reaching 70%.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 35 East Wacker Drive
• Market: Chicago
• Square Footage: 25,445
• Landlord: Shawn Clark - CRG ; Michael W. Reschke - Prime Group
• Tenant: Jonathan Lewis - Sheridan Capital Partners
• Brokers: Adam Pines & Andrew Marty - Madison Rose

Jonathan Lewis of Sheridan Capital Partners signed a lease for the new headquarters, moving from the Wrigley Building. Madison Rose represents the ownership in this transaction, marking a significant change in the operational presence of Sheridan Capital Partners in the area.