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Manova Partners Leases 165410 SF Office Space To USG At 550 West Adams Street

Property Image
LEASED
Christopher (Chris) Wood
David Stefancic
+ 1

Illinois

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Office165,410 SF
Leased 11/17/2025
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Property Image
LEASED

Manova Partners Leases 165410 SF Office Space To USG At 550 West Adams Street

550 West Adams Street

See Similar Deals
Office165,410 SF
Leased 11/17/2025
Christopher (Chris) Wood
David Stefancic
+ 1
Contact now

Summary

ILLINOIS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:165,410 SF
Transaction Type:Lease

The property asset involved in the transaction is located at 550 West Adams Street in Chicago, comprising an office space with a total area of 165,410 square feet. The lease type is a NNN Lease, and it is under the management of Manova Partners as the landlord.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 550 West Adams Street
  • Market: Chicago
  • Landlord: Manova Partners
  • Tenant: USG
  • Landlord's Representative: Katie Hull & Mark Bȃby - Stream Realty Partners
  • Tenant's Representative: Chris Wood & David Stefancic - Cushman & Wakefield

The transaction highlights key individuals in the leasing process, with Katie Hull and Mark Bȃby representing Manova Partners and Chris Wood and David Stefancic representing USG. Their roles were pivotal in facilitating the terms of the lease agreement between the landlord and tenant.

Players

Mark Baby
3 deals$55M volume(312) 448-6220
BROKER




Stream Realty Partners⁠
BROKERAGE

Details

LEASED
IMAGE: Mark Bȃby, Katie Hull, Chris Wood & David Stefancic DATE: 11/17/2025 ADDRESS: 550 West Adams Street MARKET: Chicago ASSET TYPE: Office ~ SF: 165,410 LANDLORD: Manova Partners TENANT: USG LANDLORD'S REP: Katie Hull & Mark Bȃby - Stream Realty Partners⁠ (@StreamRealtyPartners) TENANT'S REP: Chris Wood & David Stefancic - Cushman & Wakefield (@CushWake) LEASE TYPE: NNN Lease ⁠

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Deal Type
Effective Rent (Annual)

$9,481,201.38

Total Lease Value

$94,812,013.85

Net Landlord Cash Flow$9,481,201.38