Burkards and Andy Davidson, executive vice president and managing director of corporate services for MB Real Estate, represented Builders Bank. Monica Moor and Mark Gunderson, both of Jones Lang LaSalle, represented the building owner.
Builders Bank, which was founded in 1997 and is headquartered in Chicago, has sub-leased about 22,000 sf on the 31st floor at 77 W. Wacker since 2001, Burkards says. The floor, however, is being leased by the law firm of Greenburg & Traurig.
Searching for a new location was somewhat difficult because of the bank's requirements, Burkards says. "Being a prominent bank, they wanted a location either on Wacker Drive or on LaSalle Street," he says. The bank also wanted to remain in a "premier class A building" and preferred the "nice views" of the upper floors, he says.
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