DTZ, a leading global property services firm, has successfully concluded a significant new long-term lease for the Chicago headquarters of Heidrick & Struggles, a premier provider of Executive Search, Leadership Consulting and Culture Shaping worldwide.
At approximately 54,000 sq ft, the new Heidrick & Struggles offices will be located on the 49th floor of Willis Tower at 233 S. Wacker Drive, and will house Heidrick & Struggles’ global headquarters as well as its Chicago consultant teams who provide comprehensive leadership services to clients globally. Heidrick & Struggles is currently working from the 42nd and 70th floors of Willis Tower, and the new lease will allow for a more efficient and productive work environment.
Executive Vice President and Managing Director Christopher Wood and Executive Vice President Scott Goldman of DTZ’s Chicago office led the lease negotiations, along with Senior Vice President Dan Fisk and Vice President Adam McCostlin. DTZ is also providing project management and workplace services under the leadership of DTZ Senior Vice President Mike Merritt. DTZ has served Heidrick & Struggles as the company’s global real estate partner for several years.
“The DTZ team performed an exhaustive review of the downtown Chicago marketplace. After a deep study of the Willis Tower and the many relocation options, we executed a strategy that secured the best economic and physical long term facility solution for Heidrick & Struggles,” Wood said.
The new facility will allow Heidrick & Struggles to deploy its Global Workplace Strategy in one of the most visible and strategic company locations worldwide, facilitating a more open and collaborative work environment with more areas for teaming and meeting spaces and a higher level of daily integration between the company’s corporate functions and consultant practice groups.
Derek Rolison and Mike Kaz of US Equities Realty represented building ownership.