Chicago, IL (PRWEB) June 05, 2014
Leading global commercial real estate services firm, Savills Studley, announces the closing of a lease renegotiation for 47,000 square feet for Lincoln International, a leading global mid-market investment bank, at 500 West Madison Street. The firm, whose U.S. staff has grown 60% since 2010, will now occupy the 38th and 39th floors of the building.
Executive Managing Director, Lisa Davidson and Senior Managing Director, Tiffany Winne, both of Savills Studley, represented Lincoln International in the transaction. Michael Lirtzman and Courtney Baratz, both of Transwestern, represented the landlord.
According to Davidson, Studley explored outside alternatives before advising Lincoln International to commit to renewing with aggressive economic terms and liberal expansion options. “Remaining at 500 West Madison turned out to be the right fit for Lincoln. Not having to divert its attention to relocating allows the company to remain focused fully on continuing its impressive track record of growth, both in Chicago and across the globe.”
About Savills Studley
Savills Studley is the leading commercial real estate services firm specializing in tenant representation. Founded in 1954, the firm pioneered the conflict-free business model of representing only tenants in their commercial real estate transactions. Today, supported by high quality market research and in-depth analysis, Savills Studley provides strategic real estate solutions to organizations across all industries. The firm’s comprehensive commercial real estate platform includes brokerage, project management, capital markets, consulting and corporate services. With 25 offices in the U.S. and a heritage of innovation, Savills Studley is well known for tenacious client advocacy and exceptional service.
The firm is part of London-headquartered Savills plc, the premier global real estate service provider with over 27,000 professionals and over 600 locations around the world. Savills plc is listed on the London Stock Exchange (SVS.L).
For more information, please visit http://www.savills-studley.com and follow us on Twitter @SavillsStudley and LinkedIn.
About Lincoln International
Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and pension advisory services on a wide range of transaction sizes. With sixteen offices in the Americas, Asia and Europe, Lincoln International has strong local knowledge and contacts in key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest. More information about Lincoln International can be obtained at http://www.lincolninternational.com.