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Largest Office Tenant in 66-Story Chicago Tower Cuts Space, Adds More Than Decade To Lease

GCM Grosvenor, led by Michael Sacks, Commits to Newly Reduced Headquarters Into 2037

GCM Grosvenor is cutting office space as part of an 11-year lease extension at 900 N. Michigan Ave. in Chicago. (Justin Schmidt/CoStar)
GCM Grosvenor is cutting office space as part of an 11-year lease extension at 900 N. Michigan Ave. in Chicago. (Justin Schmidt/CoStar)

The largest office tenant in a 66-story Chicago skyscraper signed an 11-year lease extension while reducing the space the asset management firm uses as its headquarters, expanding a trend of corporate real estate cutbacks throughout the country.

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