With the improvements both existing and being made to the building overall, Two Prudential Plaza has seen a lot of activity and interest from incoming tenants in the marketplace.
Chicago, IL (PRWEB) January 12, 2016
Savills Studley represented Ryan Specialty Group (RSG) in the expansion of its global headquarters located at 180 North Stetson. The new lease now totals 24,866 square feet at the revitalized Two Prudential Plaza and accommodates the company’s additional growth.
Executive Vice President and Co-Head of the Savills Studley Chicago office Robert Sevim represented Ryan Specialty Group; Bill Truszkowski of the Telos Group represented the landlord.
“With the improvements both existing and being made to the building overall, Two Prudential Plaza has seen a lot of activity and interest from incoming tenants in the marketplace,” said Sevim. “We were able to secure contiguous space for RSG while still maintaining very favorable terms to produce an excellent solution for both the landlord and the tenant.”
Ryan Specialty Group, which was founded by Patrick Ryan in 2010, has experienced extensive growth and now operates three major subsidiaries as well as executive oversight and corporate support for eleven additional businesses out of its Chicago headquarters.
“Together with Savills Studley, we have been able to secure contiguous space on the 45th floor despite other tenant activity and interest,” said Patrick G. Ryan, Chairman and CEO of Ryan Specialty Group.
According to Sevim, Ryan Specialty Group will begin occupying its revamped space in January 2016.
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 27 offices in the U.S. and Canada, 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 30,000 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 LinkedIn and Twitter @SavillsStudley.
About Ryan Specialty Group, LLC
Ryan Specialty Group, LLC is a global holding company which includes a wholesale brokerage, highly-specialized underwriting companies and specialty services designed specifically for agents, brokers and insurers.