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CVS Health Leases 41000 SF Office Space At 525 West Monroe Street In Chicago
LEASED
Illinois
See Similar DealsOffice41,000 SF
Leased 07/10/2025
LEASED
CVS Health Leases 41000 SF Office Space At 525 West Monroe Street In Chicago
525 West Monroe Street
See Similar DealsOffice41,000 SF
Leased 07/10/2025
Summary
ILLINOIS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:41,000 SF
Transaction Type:Lease
The property asset involved in the transaction is an office space located at 525 West Monroe Street in the Chicago market. The total area of the office space is 41,000 square feet.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 525 West Monroe Street
- Market: Chicago
- Landlord: Rob Speyer - Tishman Speyer
- Tenant: David Joyner - CVS Health
- Landlord's Representative: Ellen May & Stephen Golz - Tishman Speyer
- Tenant's Representative: Robert Sevim & David Mahoney - Savills
CVS Health signed a lease for this space, consolidating its Aetna and Oak Street Health offices. The leasing was handled in-house by Tishman Speyer’s representatives, Ellen May and Stephen Golz, while Savills brokers Robert Sevim and David Mahoney represented CVS Health in the deal.
Players
BROKERAGE
BROKERAGE
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,350,095.26
Total Lease Value
$23,500,952.59
Net Landlord Cash Flow$2,350,095.26
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