Office N Illinois

Assisted living developer, Vi, takes 30,000 square feet at Willis Tower

Assisted living developer, Vi, takes 30,000 square feet at Willis Tower,ph1

Savills has completed a 30,405-square-foot lease on behalf of national developer, owner and operator of high-end continuing care retirement communities, Vi, in Chicago’s Willis Tower at 233 S. Wacker Drive. Vi will move from its current space, at 71 S. Wacker Drive, in early 2020. The long-term lease encompasses the entire 84th floor.

Willis Tower, which is undergoing a more than $500 million renovation project that is the biggest restorative transformation in the building’s 46-year history, was selected for its location and expansive tenant amenities, including Tone, the 30,000-square-foot fitness center; Tower House, the casual café and lounge on the 33rd floor and event spaces like Altitude and the Steel Room.

The location provides greater reach in conducting business and supports the company’s continued emphasis on attracting, inspiring and retaining the best talent and offering an exceptional working environment. Vi was recently honored with the Glassdoor Employees’ Choice Award, recognizing the best places to work in 2019.

“We are excited about our move to Willis Tower,” said Vi chief financial officer, Gary Smith. “The building, as well as the highly-desired Loop location, is exactly what we were looking for in our new space.”

Savills vice chairman and director, Lisa Davidson, and Midwest region lead, Joe Learner, advised Vi on the transaction. Senior managing director, Rich Dale, and director, Loredana Perri, members of the firm’s project management practice, are overseeing the office build-out. Nikki Kern, Jamey Dix and J.D. Parcheta at Telos Group represented the owner, EQ Office.

“The West Loop continues to attract tenants from a wide range of industries,” said Davidson. “Vi’s move further demonstrates that long-standing, forward-thinking companies are interested in redeveloped buildings like Willis Tower for their dynamic atmosphere, amenities and location.”