"The transaction allowed the client to dispose of excess space it had no need for, while structuring a long-term lease that will help Hyperfeed to control costs going into the future," Plonsker said.

Hyperfeed specializes in turnkey systems for databasing, integration and transmission of real-time data sources from exchanges, content providers and proprietary in-house sources. It provides direct access to all North American exchanges and offers data-cleansing and management tools for remote or on-site use.

Built in 1970 and renovated in 1990, 300 S. Wacker Dr. is a 35-story West Loop office tower. Floorplates at the 512,000-sf property are 14,790 sf.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.