Charles Schwab has selected 150 South Wacker Drive for its corporate offices, inking a lease for 105,000 rentable square feet at the strategically located West Loop office tower.
Schwab was represented by Colliers International, and ownership of 150 South Wacker Drive was represented by Fulcrum Asset Advisors, LLC and Lincoln Property Company. With its 65,000 square foot expansion, Charles Schwab is now the largest tenant at 150 South Wacker Drive, and has committed to occupy 20% of the building.
The property will now be referred to as “Schwab Center,” and new, high-profile signage soon will sit on the corner of Wacker and Adams in Chicago’s prominent West Loop submarket.
Joe Alberts of Lincoln Property Company has worked closely with David Burden, Principal at Colliers International, and Charles Schwab’s Corporate Real Estate team to grow the company’s space from 5,000 square feet to anchor tenant.
