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222 North Lasalle Street

Tishman Speyer Secures 12-Year Lease Extension With Vedder Price At 222 N. LaSalle Chicago
LEASEDOffice

Tishman Speyer Secures 12-Year Lease Extension With Vedder Price At 222 N. LaSalle Chicago

222 North Lasalle Street

Building Size

163,000 SF

Asset Type

Office

Closing

May 13, 2026

AI

No summary available.

Players

Joe Learner

Savills

Broker

4 deals

Broker

Nooshin Felsenthal

Tishman Speyer

Landlord

$128M

vol

5 deals

Landlord
Robert Sevim

Robert Sevim

Tenant

12 deals

Tenant
V
VedderTenant

Lasalle Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93