MB Real Estate has announced that the Consulate General of France has renewed its 19,188 square foot lease at Michigan Plaza, a 1.9 million square foot, two-tower office complex located at 205/225 North Michigan Avenue in Chicago.
The Consulate General of France, which promotes the interests of French businesses, residents and tourists in Chicago and throughout the Midwest, signed a 10-year lease extension that will keep them at 205 North Michigan through 2023.
“The Consulate General of France is a valued tenant,” said Mark Buth, senior vice president and managing director of leasing services for MB Real Estate. “Strength of credit was a key factor for ownership to negotiate an early renewal and secure a long-term commitment.”
Buth, along with vice president of leasing services Kathleen Bertrand, represented building ownership. Robert Sevim of Studley represented the Consulate General of France.
MB Real Estate leases and manages Michigan Plaza on behalf of ownership, which is represented by Loeb Partners Realty LLC, known for its long-term investment philosophy. MB Real Estate has completed more than 1.1 million square feet in leases at Michigan Plaza since 2005.
The Consulate General of France, which promotes the interests of French businesses, residents and tourists in Chicago and throughout the Midwest, signed a 10-year lease extension that will keep them at 205 North Michigan through 2023.
“The Consulate General of France is a valued tenant,” said Mark Buth, senior vice president and managing director of leasing services for MB Real Estate. “Strength of credit was a key factor for ownership to negotiate an early renewal and secure a long-term commitment.”
Buth, along with vice president of leasing services Kathleen Bertrand, represented building ownership. Robert Sevim of Studley represented the Consulate General of France.
MB Real Estate leases and manages Michigan Plaza on behalf of ownership, which is represented by Loeb Partners Realty LLC, known for its long-term investment philosophy. MB Real Estate has completed more than 1.1 million square feet in leases at Michigan Plaza since 2005.
No comments:
Post a Comment