ARCO/Murray signed two office leases at 311 W. Huron in Chicago’s River North neighborhood and 500 W. Monroe in the city’s West Loop.
311 W. Huron, also named Verso, is a new 153,000-square-foot Class-A development designed by NORR and owned by North Wells Capital and Urban Innovations. ARCO/Murray served as a general contractor on the base build and then designed and leased 16,300 square feet at the space. Construction was completed in April of this year, with ARCO/Murray becoming the first tenant.
ARCO/Murray’s multifamily and green infrastructure divisions occupy the sixth floor of this 15-story, Class-A office.
ARCO/Murray signed a 3.5-year sublease at the newly remodeled 500 W. Monroe building. A total of 60 employees across ARCO/Murray’s tenant solutions, sports and entertainment, innovation, preconstruction, architecture and various operational divisions moved at the end of April to the 17th floor.
Matt Cowie, Bill Sheehy and Mark Cassata of CBRE brokered the deal, which includes close to 29,000 square feet of rentable space.
