CHICAGO—Metropolitan Chicago Healthcare Councilhas decided to stay in 222 S. Riverside Plaza, the 35-story,1.2-million-square-foot tower that has been its home for severaldecades. The group just renewed its long-term lease of nearly30,000-square-feet in the West Loop office tower. The membershipand service organization dedicated to improving the delivery ofhealth care services in the Chicago area had looked throughout thesubmarket but found it difficult to find buildings withlarge-enough floor plates.
The group was assisted in the search by the Chicago office ofSavills Studley. As reported in GlobeSt.com,a lot of tenants in the West Loop have decided toremain in place for now due to a lack of available offices in theimmediate area. Developers will complete several major officetowers nearby, but not until 2017.
Executive managing director Lisa Davidson andsenior managing director Tiffany Winne, both ofSavills Studley, represented MCHC in the transaction. SteveSmith and Nikki Kern, both ofJLL, represented the landlord. Representativeswere not available for comment by presstime, but GlobeSt.com willprovide an update later in the week.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
