Jones Lang LaSalle has been hired as the exclusive leasing agent for the two-building, 2.1-million-square-foot Illinois Center office complex — 111 E. Wacker Drive and 233 N. Michigan Ave. — in Chicago’s East Loop. The complex is owned by CommonWealth REIT and managed by Reit Management and Research LLC, Real Estate Services.
With this new assignment, JLL is now the exclusive office leasing agent for Newton, Mass.-based CommonWealth’s 3.35-million-square-foot Chicago portfolio, which, in addition to the Illinois Center complex, also includes the 1.5-million-square-foot 600 W. Chicago property.
JLL’s Brian Atkinson, Monica Moore and Brad Despot will oversee leasing efforts at Illinois Center.
CommonWealth’s move to hire JLL coincides with the REIT’s efforts to reposition the Illinois Center buildings with an expansive plaza renovation, upgrades to the retail concourse and main building entrance improvements all designed by the architectural firm Goettsch Partners. The projects are scheduled to commence May 2013 and will be completed in phases over the following 18 months.
Designed by Fujikawa, Conterato, Lohan and Associates using plans by Mies van der Rohe, the complex is known for its modern design, its proximity to North Michigan Avenue and its 30- plus concourse-level restaurants. Other amenities include a conference room, fitness center, an attached parking facility and access to a variety of public transportation systems.
© 2015 Real Estate Communications Group. Duplication or reproduction of this article not permitted without authorization from the Real Estate Publishing Group. For information on reprint or electronic pdf of this article contact Mark Menzies at 312-644-4610 or firstname.lastname@example.org