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Cross Border News  + Canada + Pacific Canada  + Office  |  November 29, 2023
Canada's Onni Group has landed its first tenant at a newly renovated office tower in downtown Chicago's Loop area.
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By: Monte Stewart

Onni Lands First Tenant in Renovated Chicago Office Tower

Canada’s Onni Group has landed its first tenant at a newly renovated office tower in downtown Chicago’s Loop area.

Crain’s Chicago Business reported that law firm Neal Gerber & Eisenberg has signed a lease for 90,000 square feet across three floors in the 853,000-sf landmark building. The law firm will relocate in 2025 from 2 N. LaSalle Street in Chicago after its lease there expires.

Onni paid US$166 million for the 31-storey tower in 2021 with plans to overhaul the property, which was designated as a city landmark due to its history as a hub of the former Bell Telephone Company. Onni acquired office tower from Kushner Companies, which was previously headed by Jared Kushner, son-in-law of former U.S. president Donald Trump.

CBRE’s Todd Lippman and Kyle Kamin negotiated the new lease on behalf of Neal Gerber & Eisenberg. Onni was represented by Jack O’Brien and Matt Whipple of Telos Group.

— With files from Jasmine Kilman

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About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.
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