The Telos Group LLC announced that Cision has committed to a long-term lease for 49,464 rentable square feet at Prudential Plaza. Cision, the leading global provider of public relations (PR) software and services and one of the largest PR technology companies in the world will occupy the entire seventh floor of One Prudential Plaza.
Jesse Van Dyke Executive Vice President of JLL represented Cision in the transaction. Matt Pistorio and Bill Truszkowski both Senior Vice Presidents of Telos represented building ownership.
“We are poised for growth as we finalize the combining of Cision and Vocus into one company, and selecting our new global headquarters in Chicago positions us with talent and customer base access to fuel that growth,” said Peter Granat, CEO of Cision and Vocus. “Selecting Prudential Plaza provides us a world-class location from which to achieve our vision of being the marque PR technology firm in the world.”
Cision is the latest in a series of progressive organizations that have relocated or renewed at Prudential Plaza since renovations began in 2013, one of the most significant upgrades of a downtown building in decades. Nearly 230,000-square-feet of transactions have been completed and an additional 155,000-square-feet are under negotiation. The building’s ownership, Berkley Properties and 601W Companies, have committed nearly $85 million to improvements, which include the lobby and plaza areas as well as new and upgraded amenities.
Amenities include a 13,000-square-foot rooftop park overlooking Millennium Park, a 12,000-square-foot fitness center and 7,000-square-foot clubhouse as well as dining and retail. A direct connection to public transportation via the Pedway, a private shuttle service and a 608 space parking garage provide enhanced access options.
