Blackstone Group Signs Lease For Office Space On N Orleans St In Chicago

The property involved in this transaction is an office space located at 350 N Orleans St, Chicago, IL, 60654. The asset covers 18,000 square feet and is situated in the Chicago market. It provides modern amenities, flexible floor plans, and easy access to public transportation, which were significant factors for the tenant's decision.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Square Feet: 18,000
• Date: 06/10/2019
• Tenant's Representative: Matthew Frazee
• Landlord: The Blackstone Group

The deal featured Opex Analytics relocating from 4,000 square feet at 500 Davis Street in Evanston, Illinois. Newmark Knight Frank (NKF) managed the search for Opex's new headquarters, ensuring all Chicago-based employees could collaborate in one location. The firm’s partner, Kristen Daihes, expressed the importance of the new space for fostering the company culture and supporting future growth alongside enhanced client accessibility.