Studley Team Arranges Two Leases Totalling 50,000 SF in CBD
Chicago, IL (May 17, 2011)  
The Studley team of Lisa Davidson and Tiffany Winne, based in the firm’s Chicago office, recently completed two lease transactions totaling 50,000 square feet in the Chicago CBD. They are:

• A 25,000-square-foot lease renewal at 333 West Wacker Drive on behalf of Sanchez, Daniels & Hoffman. One of the nation's largest certified minority-owned law firms, Sanchez, Daniels & Hoffman was able to successfully take advantage of soft market conditions thus creating significant savings and, in turn, workplace efficiencies. They currently occupy the 5th floor.

333 West Wacker was represented by Hines GM Patrick Philbin.

• A 25,000-square-foot relocation on behalf of The Chicago Community Trust. The non-profit organization will move from a Class B building at 111 East Wacker Drive to 225 North Michigan Avenue when the lease commences first quarter 2012.

Citing a desire for an open work environment, The Chicago Community Trust was able to achieve its goals while creating efficiencies that allow a greater number of employees in the same amount of space.

225 North Michigan Avenue was represented by MB Real Estate’s Mark Buth and Kathleen Bertrand.

About Studley
Studley is the leading commercial real estate services firm specializing in tenant representation. Founded in 1954, Studley pioneered the conflict-free business model of representing only tenants in their commercial real estate transactions. Today, with 19 offices nationwide and an international presence through its London office and AOS Studley, a partnership with Paris-based AOS, Studley provides strategic real estate solutions to top-tier corporations, not-for-profit organizations and law firms. Information about Studley is available at www.studley.com.