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Synovate Stakes Out 85,562 SF at 222 S. Riverside

CHICAGO-The market research firm owned by London-based Aegis Group gets its own first-floor lobby and reception area as part of the deal negotiated by Staubach Co. principals David Matthews and John Musgjerd.

By Mark Ruda | Updated on December 08, 2003

CHICAGO-Synovate is getting its own first-floor lobby and reception area as part of its 85,562-sf deal at 222 S. Riverside Plaza, and a private elevator to its offices in the West Loop building. In an unrelated deal in the Central Loop, Masuda, Funai, Eifert & Mitchell, Ltd. is moving from 1 E. Wacker Dr. to 203 N. LaSalle St.

Synovate is a market research firm owned by London-based Aegis Group. Although terms of the long-term lease were not disclosed, published net lease rates at 222 S. Riverside Plaza range from $13.50 per sf to $19 per sf. Published net lease rates for 1 E. Wacker Dr. and 203 N. LaSalle St. are in the $15 per sf range.

The Staubach Co. principals David Matthews and John Musgjerd represented Synovate in negotiations with Bill Rolander, and Kim Kozlowski with The John Buck Co.

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