Avison Young and JLL have arranged a 10-year lease for Westinghouse Air Brake Technologies Corporation (Wabtec) on a full floor at Spear Street Capital’s 500 W. Monroe St. in downtown Chicago’s West Loop, providing the company with future space needs.
Damla Gerhart, Principal and Managing Director of Avison Young’s Chicago office commented that “companies are seeking high quality spaces to support the needs of their employees; an existing tenant making this lease commitment is a clear indication that our central business district remains resilient, and companies see a bright future ahead.”
The partnership between Danny Nikitas (Principal) & Melissa Hemberger (VP), both based in Avison Young’s Chicago office along with Brad Despot (Senior Managing Director) & Kerry Middleton (SVP), from JLL represented Spear Street Capital while Alexa Jennings & Amy Craig from JLL SVP as well as Phil Geiger – Managing Director of Stream Realty Partners represented Wabtec during negotiations.
This news was originally published on Connect CRE .
