The Monroe Building has signed a 23,083-square-foot lease for the top two floors with Hyper Marketing Inc., an independent marketing-services network.
HMI is moving its headquarters from Chicago’s River North neighborhood to a two-story loft once occupied by Frank Lloyd Wright. Lenora Adds and Steve Holmberg of Cushman & Wakefield represented the building in the 23,083-square-foot transaction. Meredith Soren Freese, Dave Mahoney and Geoffrey Euston of U.S. Equities Realty LLC represented the tenant.
“When Shepherd Brooks commissioned the Monroe Building, he sacrificed rentable space on the top floor to have a gabled roof,” said Paul Rades, property manager, J&J ARNACO. “The roof design mirrored the University Club across the street and created a visual gateway from Michigan Avenue to the Loop. It also created extraordinary loft space that exemplifies the quality of the building’s original construction as well as its recent restoration.”
The Monroe Building, celebrating its centennial in 2012, recently completed significant renovations encompassing restoration of many architectural elements plus modernization of building systems, including all new electrical, HVAC, security and life safety systems. New features and amenities include a spa-like fitness center, auditorium and broadcast center, data center with server space and support, secured bicycle storage with lockers and showers, concierge service, a convenience shop and banking.