Simpson Thacher & Bartlett Leases 94,000 Square Feet At 167 North Green Street In Chicago

The property asset involved in this transaction is an office space located at 167 North Green Street, Chicago, IL, encompassing 94,000 square feet. This 17-story office building is situated in Chicago's Fulton Market, a significant location for commercial real estate. The landlords for this property are a venture comprised of Walton Street Capital, Shapack Partners, and Focus Development.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 167 North Green Street
• Market: Chicago, IL
• Landlord: Jeff Shapack - Shapack Partners; Eric Mogentale & Jeffrey Quicksilver - Walton Street Capital; Focus Development
• Tenant: Simpson Thacher & Bartlett
• Existing Tenant: MoLo Solutions
• MoLo Solutions' New Footprint: 93,710 square feet on the 11th floor

This deal signifies the leasing of approximately 94,000 square feet by Simpson Thacher & Bartlett, allowing MoLo Solutions to downsize and relocate within the existing premises. The transaction reflects strategic planning by both the landlord and the tenant to optimize office space utilization.