CBRE has announced the completion a 36,812-square-foot lease for the Washington, D.C.-based not-for-profit, American Institutes for Research (AIR), in Chicago.
AIR will be relocating from the Civic Opera Building to occupy one full-floor at 10 South Riverside Plaza, which represents an expansion of the not-for-profit’s space by nearly 30 percent.
According to GreggWitt, senior vice president with CBRE’s Nonprofit Practice Group, who represented AIR in the transaction, the the not-for-profit was located on three floors at the Civic Oprea house, and this move will allow it to smartly streamline its space across one floor plate while still planning for future growth. The West Loop location also allows for direct access to commuter train lines, maximizing convenience for employees.
Occupancy is set for December 2015.
AIR is one of the world’s largest behavioral and social science research and evaluation organizations.
