Analytics8 Leases 13,355 Sq. Ft. Office Space At 55 East Monroe In Chicago

Analytics8, a data analytics company, has leased a 13,355-square-foot space at 55 East Monroe in Chicago. This lease marks a significant expansion for Analytics8, as it doubles its current footprint and establishes its U.S. headquarters. The property, an office building owned by PGIM Real Estate, is located in the vibrant Chicago market.

Summary of transaction details

• Property Type: Office
• Transaction Amount: Not specified
• Address: 55 East Monroe, Chicago
• Market: Chicago

PGIM Real Estate, the landlord, successfully negotiated this lease with Analytics8. The landlord's representatives involved in the deal were Michael Lirtzman, Marina Zelenkova, and Michelle Levy from Colliers. On the other hand, Victor Sanmiguel, representing Bespoke Commercial Real Estate, served as Analytics8's broker.

It is worth noting that PGIM Real Estate plans to upgrade the common areas of the building in 2024. The property has also experienced strong leasing activity, with over 90,000 square feet leased within the last seven months, indicating positive momentum in the Chicago office market.