Savills Studley Represents The Jacobson Group in Headquarters Expansion in Central Loop
Insurance Recruitment Leader Recommits to Inland Steel Building at 30 West Monroe
CHICAGO (January 7, 2016)  

Savills Studley represented The Jacobson Group in its expansion of its headquarters at 30 West Monroe Street. The insurance recruitment giant will expand to occupy the full 15th floor and over half of the 13th floor of the building. The company’s total footprint will now be 20,138 square feet, making it one of the largest occupants of the building.

Executive Vice President and Co-Head of the Savills Studley Chicago office Robert Sevim represented The Jacobson Group; Kevin Donohoe and Gary Denenberg of MB Real Estate represented the landlord.

“With so many dynamic submarkets in Chicago CBD, it’s important for tenants to identify the right space in the right building as they consider growth in the business, with their most favorable concessions, and according to employee needs,” said Sevim. “30 West Monroe, a landmark building that has undergone a remarkable revitalization, provided the best solution for The Jacobson Group to expand and extend its commitment to occupy additional space in the asset.”

Rick Jacobson, Co-CEO of the Jacobson Group added, “As loyal tenants of 30 West Monroe, we are pleased we were able to secure additional space with favorable terms that allowed us to accommodate our growing business needs.”

About Savills Studley

Savills Studley is the leading commercial real estate services firm specializing in tenant representation. Founded in 1954, the firm pioneered the conflict-free business model of representing only tenants in their commercial real estate transactions. Today, supported by high quality market research and in-depth analysis, Savills Studley provides strategic real estate solutions to organizations across all industries. The firm’s comprehensive commercial real estate platform includes brokerage, project management, capital markets, consulting and corporate services. With 28 offices in the U.S. and Canada, and a heritage of innovation, Savills Studley is well known for tenacious client advocacy and exceptional service.

The firm is part of London-headquartered Savills plc, the premier global real estate service provider with over 30,000 professionals and over 700 locations around the world. Savills plc is listed on the London Stock Exchange (SVS.L).

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