Login

Segal Leases 49,971 SF

Consulting Firm Signs Deal at 101 N. Wacker
By Jey Hurd
November 4, 2002 | 2:48 P.M.

The Segal Co. leased a 49,971-square-foot office space within the 575,294-square-foot building at 101 N. Wacker Drive in Chicago. The benefits consulting firm recently acquired Sibson & Co., which occupied approximately 25,000 square feet at the time of the acquisition. The Segal Co. decided to renew the existing lease and expand by approximately 25,000 square feet, bringing its total occupied square footage to 49,971 square feet. Julien J. Studley Inc. enabled Segal to merge the two entities into one efficient location while reducing overall space requirements and rental costs. Segal achieved a concession package that allowed the firm to reconfigure its space to maximize efficiency. Also, staggered lease expirations were wrapped into one coterminous lease. Joshua D. Gorin of Studley represented the Segal Co. Jim Philbin provided in-house representation the landlord, Equity Office Properties.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE