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222 North Lasalle Street

Updated May 20, 2026

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

About this deal

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Office

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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
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VedderTenant
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Lasalle Office Market Snapshot

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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

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