September 14, 2018
Managed service provider Impact Networking has renewed and expanded its downtown space at 150 N. Michigan Ave. in a deal brokered by CBRE. The 19,000-square-foot lease represents an expansion from the tenant’s current 7,000 square feet, and runs for 13 years.
“This expansion will position Impact to recruit and retain the top-tier talent that will propel it to even greater heights in the near future,” said CBRE’s Bill Sheehy, who, along with colleague Brian McDonnell represented Impact. The new space, which represents the 41-story property’s top two floors, provides “an excellent location for long-term growth.”
CBRE’s Sara Spicklemire, Seth Tuscher and Kelsey Scheive represented CBRE Global Investors, the property’s ownership. The Lake Forest, IL-based tenant will initiate a build-out of 150 N. Michigan’s penthouse suite. As part of the deal, Impact will receive prominent logo visibility and signage on the property’s street level.
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