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Sargent & Lundy Expands Office Lease At 77 West Wacker Drive In Chicago To 448000 SF

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LEASED

Illinois

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Office66,000 SF
Leased
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LEASED

Sargent & Lundy Expands Office Lease At 77 West Wacker Drive In Chicago To 448000 SF

77 W Wacker Dr

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Office66,000 SF
Leased
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Summary

ILLINOIS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:66000 SF
Transaction Type:Lease

The property asset involved in this lease transaction is located at 77 West Wacker Drive, Chicago. It encompasses 66,000 square feet of office space. The building is owned by the State Teachers Retirement System of Ohio and has a total size of 960,000 square feet. Following this transaction, the asset is nearly fully leased, with occupancy increasing from 62% last year.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 77 West Wacker Drive, Chicago
  • Asset Size: 66,000 square feet
  • Landlord: Steven Toole - State Teachers Retirement System of Ohio
  • Tenant: Victor Suchodolski - Sargent & Lundy
  • Total Footprint of Tenant: 448,000 square feet
  • Building Size: 960,000 square feet

This transaction highlights the involvement of key individuals, namely Steven Toole, representing the landlord, and Victor Suchodolski, representing the tenant Sargent & Lundy. Their roles were pivotal in facilitating the lease expansion within the office tower.

Details

LEASED
IMAGE: Steven Toole & Victor Suchodolski DATE: 12/12/2025 ADDRESS: 77 West Wacker Drive MARKET: Chicago ASSET TYPE: Office ~ SF: 66,000 LANDLORD: Steven Toole - State Teachers Retirement System of Ohio TENANT: Victor Suchodolski - Sargent & Lundy NOTE: Sargent & Lundy expanded its office lease at 77 West Wacker Drive by 66,000 square feet, bringing its total footprint to 448,000 SF in the Chicago tower. Why it matters: Owned by the State Teachers Retirement System of Ohio, the 960,000-SF building is now nearly fully leased, up from 62% occupancy last year.

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Deal Type
Effective Rent (Annual)

$3,783,080.17

Total Lease Value

$37,830,801.73

Net Landlord Cash Flow$3,783,080.17