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Chicago Tower Lands 50 KSF Lease

by Index Investing News
January 20, 2025
in Property
Reading Time: 2 mins read
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Accomplished in 1955, One Pru was the primary skyscraper inbuilt Chicago after the Nice Melancholy and World Conflict II. Picture courtesy of CommercialEdge

The psychological well being firm ComPsych Corp. has signed a long-term, 50,000-square-foot lease at One Pru, in downtown Chicago.

The tenant will relocate from the present 152,000-square-foot area it occupies at NBC Tower and can set up its new headquarters on the seventh ground within the first quarter of 2027.

Riverside Funding & Growth represented the possession, whereas JLL labored on behalf of ComPsych.

One Pru is a part of the two.3 million square-foot The Pru, beforehand is aware of as Prudential Plaza, which additionally contains the 1.1 million Two Pru. Wanxiang America Actual Property Group has been the bulk proprietor since 2018. The corporate owns the property along with Sterling Bay.


READ ALSO: What’s Defining Workplace in 2025?


The tenant roster contains Wilson Sporting Items, Clark Hill, Reduce, The Terry Group and Hubbard Radio, amongst others, in keeping with CommercialEdge data. Again in September 2024, it was introduced that Expansive will occupy the thirty fifth ground at Two Pru, marking its seventh coworking area within the metro.

Positioned at 130 E. Randolph St. and 180 N. Stetson Ave. in Chicago’s central enterprise district, The Pru is throughout the road from Millennium Park and has entry to a number of transportation choices. Chicago O’Hare Worldwide Airport is eighteen miles northwest of the property.

Present renovations at The Pru

Accomplished in 1955 and fully renovated in 2014, One Pru was the primary skyscraper inbuilt Chicago after the Nice Melancholy and World Conflict II. The 41-story constructing options floorplates ranging between 22,000 and 70,000 sq. ft, 30 passenger elevators and 45,000 sq. ft of retail.

The possession invested $50 million in 2024 in a brand new renovation plan for The Pru, presently underway, Crain’s Chicago Enterprise reported. The upgrades will embody a 20,000-square-foot convention middle, coworking areas and an leisure suite.

Moreover, the out of doors deck will characteristic a pickleball courtroom and a bar space. Within the subsequent two months, One and Two Pru will probably be related by way of a glass-enclosed walkway, to ensure that tenants to simply entry the 72,000-square-foot shared amenity area on the eleventh ground.

JLL’s Govt Vice President Brian Means and Senior Vice President Kellen Monti labored on behalf of ComPsych, whereas Riverside’s Senior Leasing Supervisor Annie Kwasigroch, along with Senior Vice President Dan Heckman represented the possession.



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