Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CHICAGO-The West Loop submarket has retained two tenants occupying more than 35,000 sf. FTI Consulting has renewed a lease at 333 W. Wacker Dr. expanding to 24,970 sf, while Vela Insurance Services has renewed a 11,710-sf lease at 200 W. Madison St.

FTI specializes in turnaround, bankruptcy and litigation-related consulting. The company was represented by Trammell Crow Co. principal Peter Livaditis, SVP Paul Buckingham and senior associate Peter Beatrice. Kimberly Kozlowski of the John Buck Co. represented the owners of the 950,000-sf building, which sold for $140.5 million in 2000.

HSA Commercial Real Estate EVP David Wilson represented Vela Insurance Services, which doubled the size of its space at Madison Plaza. Victoria Noonan and Pam Parasugo of Tishman Speyer Properties represented Madison Plaza Ventures, owner of the 1.08-million-sf building at Wells and Madison streets.

Meanwhile, Livaditis, Buckingham and Beatrice represented AARP in its renewal of a 4,423-sf lease at 8750 W. Bryn Mawr Ave. Bill Rolander of the John Buck Co. represented Triangle Plaza Venture, which acquired the 616,000-sf property for $98 million in 1998.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.