Kaufman Hall, an independent consulting firm that offers integrated strategic, capital and financial advisory services and software tools to healthcare organizations, recently completed a lease renegotiation and expansion at 5202 Old Orchard Road in Skokie. Studley’s Jonathan Metzl and John Goodman represented the company in its transaction.
Kaufman Hall, which currently occupies the entire seventh floor, and approximately half of the second, will extend its lease on seven and swap out its second floor space for the entire fifth floor with National Louis University, the largest tenant in the building. The reconfiguration brings KH’s total footprint in the building to 50,653 square feet from 36,697 square feet and allows for maximum flexibility and growth.
“Despite attractive economic packages provided by relocation options nearby, Kaufman Hall was able to orchestrate a successful three-party transaction in order to accommodate additional headcount with minimal expansion,” Metzl said.
Building ownership was represented in-house by Janine O’Brien while National Louis University did not have representation.