{"id":1004175874,"date":"2017-05-10T03:38:19","date_gmt":"2017-05-10T11:38:19","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004175874"},"modified":"2022-12-09T00:56:41","modified_gmt":"2022-12-09T08:56:41","slug":"transwestern-retains-anchor-tenant-at-chicago-office-building","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/transwestern-retains-anchor-tenant-at-chicago-office-building\/","title":{"rendered":"Transwestern Retains Anchor Tenant at Chicago Office Building"},"content":{"rendered":"<p>By Roxana Baiceanu<\/p>\n<div id=\"attachment_1004175875\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/200-W-Madison-Chicago.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004175875\" data-attachment-id=\"1004175875\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/transwestern-retains-anchor-tenant-at-chicago-office-building\/200-w-madison-chicago\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/200-W-Madison-Chicago.jpg\" data-orig-size=\"800,600\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Steve Hall&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;Steve Hall @ Hedrich Blessing Photographers&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"200 W. Madison, Chicago\" data-image-description=\"&lt;p&gt;200 W. Madison, Chicago&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;200 W. Madison, Chicago. &lt;i&gt;Image courtesy of Transwestern&lt;\/i&gt;&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/200-W-Madison-Chicago.jpg?w=800\" class=\"wp-image-1004175875 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/200-W-Madison-Chicago.jpg\" alt=\"200 W. Madison, Chicago\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/200-W-Madison-Chicago.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/200-W-Madison-Chicago.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/200-W-Madison-Chicago.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004175875\" class=\"wp-caption-text\">200 W. Madison, Chicago<\/p><\/div>\n<p>Transwestern brokered a\u00a0lease renewal on behalf of Bentall Kennedy (U.S.) Ltd. for one of its office buildings in downtown Chicago, 200 W. Madison. Law firm Barack Ferrazzano Kirschbaum &amp; Nagelberg LLP, the property\u2019s anchor tenant for 10 years, will continue to occupy 99,756 square feet in the tower through 2032.<\/p>\n<p>A team led by Transwestern senior vice presidents Jeff Dowdell, Katie Steele and Courtney Rosoff together with Executive Vice President Michael Lirtzman represented the owner. CBRE\u2019s Kyle Kamin, Cal Wessman and Mark Cassata worked on behalf of the tenant.<\/p>\n<p>The new lease agreement stipulates that funds will be allocated to modernize the leased space. Transwestern, which has been managing 200 W. Madison since 2011, already shelled out $5 million for renovation work, which brought the office tower the \u201cOutstanding Building of the Year\u201d award last year. Improvements included a new lounge room, an updated lobby and an expanded fitness center with yoga room. The property management firm also implemented a LEED Performance Path system which was used to achieve LEED Gold recertification.<\/p>\n<p>Last month, <a href=\"https:\/\/www.commercialsearch.com\/news\/transwestern-expands-chicago-management-portfolio\/\">Transwestern<\/a> joined forces with Bentall Kennedy to provide management services for two other properties in downtown Chicago.<\/p>\n<p><em>Image courtesy of Transwestern<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Law firm Barack Ferrazzano Kirschbaum &amp; Nagelberg LLP will continue to call the office tower at 200 W. Madison home for the next 15 years.<\/p>\n","protected":false},"author":1064,"featured_media":1004175875,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,1491,13,21742,21747],"tags":[33217,32789,35412,35413,33313],"class_list":["post-1004175874","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-chicago","category-midwest","category-latest","category-office","tag-bentall-kennedy","tag-cbre","tag-katie-steele","tag-michael-lirtzman","tag-transwestern"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Transwestern Retains Anchor Tenant at Chicago Office Building - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/transwestern-retains-anchor-tenant-at-chicago-office-building\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Transwestern Retains Anchor Tenant at Chicago Office Building\" \/>\n<meta property=\"og:description\" content=\"Law firm Barack Ferrazzano Kirschbaum &amp; Nagelberg LLP will continue to call the office tower at 200 W. Madison home for the next 15 years.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/transwestern-retains-anchor-tenant-at-chicago-office-building\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-10T11:38:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T08:56:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/200-W-Madison-Chicago.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gabriel Circiog\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/transwestern-retains-anchor-tenant-at-chicago-office-building\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/transwestern-retains-anchor-tenant-at-chicago-office-building\/\",\"name\":\"Transwestern Retains Anchor Tenant at Chicago Office Building - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/transwestern-retains-anchor-tenant-at-chicago-office-building\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/transwestern-retains-anchor-tenant-at-chicago-office-building\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/200-W-Madison-Chicago.jpg\",\"datePublished\":\"2017-05-10T11:38:19+00:00\",\"dateModified\":\"2022-12-09T08:56:41+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fea14f28ef4cea0e4f36b0516e632ebb\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/transwestern-retains-anchor-tenant-at-chicago-office-building\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/transwestern-retains-anchor-tenant-at-chicago-office-building\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/transwestern-retains-anchor-tenant-at-chicago-office-building\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/200-W-Madison-Chicago.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/200-W-Madison-Chicago.jpg\",\"width\":800,\"height\":600,\"caption\":\"200 W. 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