Savills Studley, the leading commercial real estate services firm, announces that long term client, R.J. O’Brien & Associates LLC (RJO), will relocate its headquarters to approximately 53,000 square feet on the 12th and 27th floors of 222 South Riverside Plaza. RJO has occupied the 9th and 27th floors of the building for more than a decade and will move into its new space this coming summer.
Rick Schuham, John Goodman and Eric Feinberg, all of Savills Studley, negotiated the transaction for the firm. Steve Smith of JLL represented the landlord.
According to Schuham, RJO, the oldest and largest independent futures brokerage firm in the United States, will install cutting edge amenities and office efficiencies in its new space. “As an industry leader for over 100 years, R.J. O’Brien has grown significantly in the past several years and had the foresight to ensure it had space to accommodate that growth. The new lease enables RJO to support its continued momentum and success.”
Gerald Corcoran, RJO Chairman and CEO, said: “Our partnership with Savills Studley spans over two decades, and the firm was able to fully understand our needs in order to secure lease terms that allow us meet our operational and financial goals and promote continued employee satisfaction enabling RJO to better serve our clients.”