Equity Office Inks Another Big Lease For River North Point
Equity Office landed another big lease for River North Point, 350 North Orleans. Research and advisory firm Gartner agreed to a 74K SF lease on two floors, and will move its Midwest operations to the building from 200 West Jackson.
The move is a result of Gartner's $2.6B acquisition last year of CEB, an industry leader in best practice and talent management insights. Gartner will move 650 employees to River North Point this summer in a consolidation of the two firms. Gartner will have access to River North Point's 25K SF of new amenity space, including a new 10K SF tenant-only lounge and a newly landscaped rooftop deck. Equity Office Senior Vice President David Moore said Gartner's lease is further proof Equity Office is repositioning River North Point into a modern office hub with a combination of new amenities, location and large floor plates.
The Gartner lease follows Equity Office's 176K SF lease with GGP. The retailer moved its headquarters to River North Point last month. JLL's Matt Carolan and Christine Bower represented Gartner in the lease, while Equity Office was represented by CBRE's Mike Kazmierczak, Ron Lakin and Ellen Zalatoris.