The Wrigley Building have signed new leases totaling 11,000 SF with major technology companies, Brainlab and Shazam. Strong leasing momentum has raised the property’s occupancy rate by 30 percent in eight months with new leases totaling 115,773 SF during that period. The building’s two towers are now 53 percent leased. Contiguous leasing space is available ranging from 2,000 SF spec suites to a 60,000 SF block and a 45,000 SF block at the top of the North Tower that includes outdoor terrace space and the “Cloud Room”.
“We are pleased that Brainlab and Shazam are joining our tenant roster,” said Ari Glass, executive vice president of Zeller Realty Group. “The Wrigley Building’s cutting-edge technology infrastructure, prime location and building upgrades have been the major factors in drawing such innovative companies to our property. Companies across a wide spectrum of industries and professions have shown great interest in locating at The Wrigley Building.”
Shazam, producers of a mobile app for music and TV, is leasing 1,471 SF in the North Tower as of April. The company was previously located at 200 S. Wacker Drive.
Brainlab, a medical technology company, will lease 9,379 SF in the South Tower beginning December 1, 2014. The company is expanding its presence in the Chicago area with this new office to include marketing and education staff along with a showroom for all customer visits. The education team will be relocating from its U.S. headquarters in Westchester and the marketing group from 600 W. Van Buren.
Brokers for Shazam are Christine Bower and Tyler Hardy, JLL; brokers for Brainlab are Perry Higa and Conner Kerr, CBRE. Brokers for The Wrigley Building are Carrie Bradley with Zeller Realty Group and Karin Kraai with Newmark Grubb Knight Frank’s Chicago office.
