CHICAGO—Heidrick & Struggles has decided to sign a long-term lease for 54,000-square-feet on the 49th floor in the Willis Tower, according to officials from DTZ, which represented the executive search firm in its negotiations. The company currently occupies space on 42nd and 70th floors, and the new lease will allow it to make operations at its global headquarters far more efficient.

The move reinforces a recent trend in the West Loop. Tenants seeking large floor plates in a class A high-rise, especially above the 30th floor, have found that there are not a ton of options. As a result, many  have decided to stay in place and sign long-term leases.

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?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

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

  • Free unlimited access to'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 and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.