CHICAGO-The John Hancock Center situated in downtown Chicago has landed a big tenant. DraftFCB will consolidate its two Chicago offices into the skyscraper at 875 N. Michigan Ave. The advertising agency signed a 15-year lease for approximately 185,000 square feet of office space at the 100-story tower for a new headquarters.
The new lease deal will push Hancock's occupancy rate to nearly 95%. Scott Panzer from Jones Lang LaSalle Inc.'s New York office brokered the deal on behalf of DraftFCB. For the full story, go to Crain's Chicago Business .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.