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Henderson Grows by 30% at Olympia Centre

CHICAGO-The global investment management company expands to 18,550 sf and relocates to a renovated 17th floor at 737 N. Michigan Ave.

By Marita Thomas | Updated on September 15, 2006

(To read more on the net lease market, click here.)

CHICAGO-The North American division of UK-based Henderson Global Investors expands by 30% to take 18,550 sf at Olympia Centre, the 63-story building at 737 N. Michigan Ave. It will relocate from the 19th floor to the 17th, which is currently undergoing a full renovation to accommodate its expansion requirements.

Robert Sevim, corporate managing director of the local office of Studley, represented Henderson in the search for expanded space and this transaction. “Chicago serves as the core of the company’s North American operations,” he says, “and it was imperative to secure space that reflects the firm’s international image while also supporting its budgetary goals. Several West Loop properties became strong relocation contenders,” he tells GlobeSt.com, “but the expansion opportunity and related economics at Olympia Centre ultimately provided the most favorable scenario.”

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