Architecture Firm Expands to Nearly 30,000 SF

CHICAGO-Adrian Smith + Gordon Gill Architecture is expanding to 29,727 sf at 111 W. Monroe. The architecture firm is growing its lease by about 16,000 sf, says Pamela Rose, SVP with MB Real Estate’s corporate services team. The firm extended the term for 10 years, Rose says.

Rose represented the firm in the lease expansion. Hines owns the building, with Michael Kaiser, from Hines, representing the company. The tenant has only been in the building for about a year, Rose says. “They are only a little more than a year old and they doubled in size,” she says. “They had a little under 14,000 sf and took a full floor.”

Hines acquired the three-building 1.2-million-sf complex, in 2005, from Harris Bank for approximately $114 million. The east and center buildings, which both have the address of 111 W. Monroe, have a total of 611,000 rentable sf, according to information on Hines website. Major tenants of the complex include Harris Bank, Chapman and Cutler, and A.G. Edwards.