RT Specialty Leases 38000 Square Feet At 500 W Monroe St Chicago From Piedmont Realty Trust

The property asset involved in the transaction is located at 500 W Monroe St, Chicago, IL, 60661. The space encompasses 38,000 square feet and is situated in the Chicago market. The landlord for this lease is Piedmont Realty Trust, while the tenant occupying the space is RT Specialty.

Summary of transaction details:

• Property Type: Lease
• Transaction Amount: Not specified
• Address: 500 W Monroe St, Chicago, IL, 60661
• Square Feet: 38,000
• Tenant: RT Specialty
• Landlord: Piedmont Realty Trust
• Tenant's Representative: Adam Southard (Savills Studley)
• Landlord's Representatives: Mark Georgas (JLL), Gary Kostecki (JLL)

Adam Southard, managing director at Savills Studley, represented the tenant RT Specialty in this lease transaction. The landlord, Piedmont Realty Trust, was represented by two senior vice presidents from JLL, Mark Georgas and Gary Kostecki. This transaction is part of a broader context involving office expansions for Ryan Specialty Group and its subsidiaries.