“Many of the tenants moving into this building are also using more open, collaborative office designs,” Pistorio says, and typically that also means shrinking the space assigned to individual employees. “And as their workspace gets smaller, they need somewhere else to go.” To fulfill that need, Telos has added other amenities, all set to open by December, including a 13,000-square-foot rooftop deck with a fire pit overlooking the park, a 12,000-square-foot fitness center and 7,000-square-foot clubhouse. “We're trying to create a neighborhood in the building.”

“We are poised for growth as we finalize the combining of Cision and Vocus into one company, and selecting our new global headquarters in Chicago positions us with talent and customer base access to fuel that growth,” says Peter Granat, chief executive officer of Cision and Vocus. “Selecting Prudential Plaza provides us a world-class location from which to achieve our vision of being the marque PR technology firm in the world.”

And Cision is the just the latest company to relocate or renew at Prudential Plaza since renovations began in 2013. Telos has completed nearly 230,000-square-feet of transactions and has an additional 155,000-square-feet under negotiation.

The building's appeal can be seen in the rental rates Telos has secured. The average lease, Pistorio says, is between $35 and $36 gross. “So we're getting much higher rents than other buildings in the East Loop,” and, once prospective tenants see the amenities and tour the neighborhood, “we don't need to go out and give above-market concessions. All of these tech companies in River North that are outgrowing their loft buildings are starting to see the East Loop as the best alternative. And this building is a game-changer.”