Savills oversaw the expansion of the Burns & Wilcox Chicago office location at 111 South Wacker in the West Loop. The insurance wholesaler will increase its current space by 50 percent, growing from 10,000 to 15,000 square feet on the 39th floor.
The transaction for Burns & Wilcox was managed by Vice Chairmen Eric Feinberg and Managing Director Brandon Nasatir, with additional support from Vice Chairmen John Goodman and Kirill Azovtsev, Managing Director Isabel (Preskill) Schwartz, and Corporate Managing Director Shay Bolton. “Burns & Wilcox has been a tenant at 111 South Wacker since 2020, and its decision to expand reflects their commitment to Chicago as a key growth market,” said Nasatir.
111 South Wacker Drive is a 51-story, 1.1 million square foot office tower developed by The John Buck Company and designed by Jim Goettsch of Lohan Caprille Goettsch Architects. The building was represented in lease negotiations by Jamey Dix and Matt Whipple of The Telos Group.
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