Savills Studley Represents RMB Capital in Chicago Region Transactions

16 August 2017

Global Tenant Representation firm Savills Studley has represented RMB Capital in two lease transactions in the Chicago area to solidify RMB’s occupancy needs for the foreseeable future. The execution of these office solutions follow a series of mergers that has brought RMB’s assets under management to $8 billion. RMB was represented in both transactions by Rick Schuham, Executive Vice President, Director and Central Region Lead for Savills Studley.

In Downtown Chicago, RMB will relocate part of their space within 115 South LaSalle Street. The new combined headquarters office will encompass 25,166 square feet on the 34th and 26th floors of the building. 115 South LaSalle has served as the headquarters for RMB since 2007. The new transaction includes a long-term lease renewal.

In Oakbrook Terrace, RMB has leased 18,849 square feet of space at One Parkview Plaza. RMB will lease space that was formerly occupied by an asset management firm.

“RMB was well positioned to secure exceptional economics along with the flexibility they need to continue to grow their business,” said Schuham.

“The addition of the Oakbrook Terrace location will allow RMB to take advantage of existing infrastructure to extend their footprint across the region. RMB has a large number of principals that live in this area so this enabled RMB to satisfy operational needs and key personnel.”

RMB has experienced exceptional growth in the last 5 years. Growing from $1 billion in assets under management in 2007 to $8 billion in 2017.

“As our business has grown both with assets under management and offerings, we have also grown geographically,” said Dick Burridge, RMB’s founding partner, CEO and chief investment officer. “We now have locations in Chicago, Oakbrook Terrace, Lake Forest, New York, Rochester, Washington DC, Orange County, Denver and Jackson Hole. Having this presence is absolutely key to servicing our clients at a high level. We could not have achieved this strategic growth in a seamless manner without the exceptional guidance of Savills Studley and the committed advice and advocacy of Rick Schuham in particular. We count on his advice and commitment to RMB.”

About RMB Capital
RMB Capital is an independent investment advisory firm that serves a diverse range of clients, including high-net-worth individuals and families as well as institutional investors and retirement plan sponsors. RMB is headquartered in Chicago with additional offices around the country. To learn more about RMB Capital, visit www.rmbcap.com.

 
 

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Chris Santarelli

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