Ross Allen Leases 28,700 SF Office Space At 500 West Monroe Street, Chicago | 500 West Monroe Street | Matt Cowie, Bill Sheehy, Mark Cassata | Office | Lease

Summary

Lease

ILLINOIS

Office

28,700 sqft

Located at 500 West Monroe Street in Chicago, the office space spans 28,700 square feet. ARCO/Murray, represented by Ross Allen, will be leasing the property for a term of 3.5 years. The deal was facilitated by brokers Bill Sheehy, Mark Cassata, and Matt Cowie from CBRE.

Summary of transaction details:

Property Type: Office
Transaction Amount: Not Applicable
Tenant: Ross Allen - ARCO/Murray
Brokers: Bill Sheehy, Mark Cassata & Matt Cowie - CBRE
Lease Term: 3.5 years

ARCO/Murray is making a strategic move from Fulton Market to the West Loop, subleasing the office space at 500 West Monroe Street. In addition, the firm has signed a 10-year lease in River North and is in the final stages of completing a new 125,000-square-foot headquarters in Downers Grove to enhance client interaction with innovative showroom spaces.

Players

All
4

Agents
3
Agencies
1

Matt Cowie

Senior Director

Bill Sheehy

Executive Vice President

Mark Cassata

Senior Vice President

CBRE

Details

Deal Summary

LEASED

IMAGE: 05/28/2024 ADDRESS: 500 West Monroe Street MARKET: Chicago ASSET TYPE: Office ~ SF: 28,700 TENANT: Ross Allen - ARCO/Murray BROKERS: Bill Sheehy, Mark Cassata & Matt Cowie - CBRE LEASE TERM: 3.5 year NOTE: ARCO/Murray is relocating from Fulton Market to the West Loop, subleasing 28,700 square feet at 500 West Monroe Street, valuing its proximity to public transit and amenities. The firm also signed a 10-year lease in River North and is finishing a new 125,000-square-foot headquarters in Downers Grove, emphasizing convenience and innovative showroom spaces to attract clients.

View on map

Address500 West Monroe Street

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want