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

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.