Transwestern Commercial Services (TCS) brokered a 41,443-square-foot lease for InnerWorkings Inc.’s global headquarters at 203 N. LaSalle Street. Senior vice president Jeff Dowdell, executive vice president Eric Myers and vice president William Briggs provided office leasing services on behalf of the landlord, a publicly traded international holding company.
“203 N. LaSalle Street offers a better location for InnerWorkings’ headquarters and gives our team members immediate access to all CTA lines and nearby walkable amenities,” said Renae Chorzempa, chief human resources officer for InnerWorkings. The company is relocating from 600 W. Chicago Avenue.
The leasing team has secured more than 75,000 square feet of new leases in the last six months. This latest transaction brings the building to 71 percent leased, up from 59 percent when TCS was awarded the leasing and property management assignment. There is currently a 170,000-square-foot, large block of office space available for lease.
“203 N. LaSalle Street is in position to capture the interest of growing tenants, like InnerWorkings, seeking large floorplates, new amenities and access to the city’s workforce,” said Dowdell.
203 N. LaSalle St. is a 625,000-square-foot, Class A office tower at LaSalle and Lake streets in Chicago’s CBD. The LEED Platinum building has completed a $15 million capital improvement project modernizing the building and installing first-class amenities, including an updated lobby and retail concourse, new conference center, tenant lounge and a new, state-of-the-art fitness facility.
InnerWorkings is a leading global marketing execution firm serving Fortune 1000 brands across a range of industries, including retail, financial services, hospitality, consumer packaged goods, nonprofit, healthcare, food and beverage, broadcasting and cable, automotive and transportation. Brandon Glick, Chris Bargowski and Sam Picchiotti of Mohr Partners Inc. provided tenant representation services.