Riverside Investment & Development signed a “global asset manager” to a 29,067-square-foot lease, the entire 39th floor, at 320 S. Canal in Chicago, BMO Tower.
Delivered in early 2022, 320 South Canal is a 52-story, Class-A trophy office tower across the street from Chicago’s Union Station featuring market-leading amenities, health and wellness infrastructure, an abundance of natural light, excellent air quality, and expansive views of Lake Michigan. It also boasts The Green, a 1.5-acre privately owned outdoor park with activated amenities, including seasonal programming with a farmer’s market, movie nights, and community activities.
The building is also one of the most well-connected in the West Loop. An underground pedway connects it directly to Union Station, providing an easy link to the Metra train concourses and Amtrak trains. There are a number of CTA Loop Link bus stops at the adjacent Union Station Transit Center, and easy access to the CTA Rapid Transit Blue Line Clinton station is just one block away. It is WELL Platinum, LEED Gold, and WiredScore Platinum certified.
320 South Canal continues to draw leading companies that are seeking office space that attracts and retains talent. Notable recent leases include Arch Insurance, Maximum Independent Brokerage, Brown Brothers Harriman, and NextGen Growth Partners.
Said Riverside Senior Vice President Christy Domin, “Location and quality still matter most, and companies continue to want modern spaces that support interaction, image, recruitment, and wellness.”
Domin, Daniel Heckman, and Drew Nieman negotiated on behalf of the building while JLL’s Patrick Schenk, Matt Carolan, and Ronnie Deyo represented the tenant in the deal.
With this lease 320 South Canal is 84% leased.