MONROE PLAZA BUILDINGS SIGN 149,780 SQUARE FEET OF NEW, RENEWAL LEASES

August 6, 2015

Press Contact:

Chris Barnett, chris@cbarnmedia.com; 415-336-5092

FOR IMMEDIATE RELASE

 

MONROE PLAZA BUILDINGS SIGN

149,780 SQUARE FEET OF

NEW, RENEWAL LEASES

 

CHICAGO. Aug.6, 2015- Adjacent office towers 200 and 230 West Monroe in Chicago’s West Loop, acquired by Accesso Partners, LLC. last year, has leased 149,780 square feet to new and existing tenants in the past four months.

Visanow, a global immigration processing firm, has leased 30,500 square feet on the 27th and 28th floors of 230 West Monroe, consolidating operations from several other Chicago buildings. Great American Insurance Corp., a specialty property and casualty insurer, has leased 17,645 square feet on the 29th floor.

The Vitality Group, health and wellness consultants, expanded its presence in 200 West Monroe and now occupies 40,500 square feet on floors 19 and 20.

Barcodes Inc. an information scanning equipment provider, leased an additional 12,756 square feet in 200 West Monroe now occupies 40,856 square feet on 10th and 11th floors.

In 230 West Monroe, RTI International, a global research organization, renewed its 12,844 square foot lease on 14th floor, PTDA, power transmission distribution association, renewed its 3932 square foot lease on the 21st floor, Greyrock Capital Group, a banking and finance firm,  renewed its 4800 square foot lease on the 20th floor.

Law firm Johnson Blumberg & Associates has renewed its 12,463 square foot lease on the 11th floor of 230 West Monroe and MicroTek Training Solutions, a meeting and training room provider, has renewed its 14,340 square foot lease on the building’s 5th floor.

“The leasing momentum reinforces our belief that the transportation advantages of a West Loop address has a major appeal to tenants with workforces that commute or, increasingly lives downtown,” said Ariel Bentata, managing partner, investments for Accesso Partners, LLC of Hallandale Beach, FL.

He noted the two office towers have immediate proximity to the El, suburban commuter trains and bus service. “We’re essentially a block away from all three transit modes,” added Bentata.

Paul Gaines, Accesso’s asset manager for Chicago, said “with two almost identical building towers next door to each other, we can easily meet a new tenant’s request for specific office configuration or an existing tenant’s expansion needs.”

In the past two years, Accesso Partners, LLC has acquired seven downtown Loop and suburban Chicago office buildings covering 3.4 million square feet.