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Builders Bank Signs Lease at 225 W. Wacker

CHICAGO-Builders Bank, leaving its sublease at 77 W. Wacker Dr., has signed a long-term lease for 19,309 sf.

By Gina Kenny | Updated on January 30, 2007

CHICAGO-Builders Bank has signed a lease for 19,309 sf of office space at 225 W. Wacker Dr. The new space will be a slight reduction from their current location at 77 W. Wacker Dr., but is expected to be more efficient and economical while allowing the bank to stay in a class A office building with views of Lake Michigan, says David Burkards, assistant vice president for MB Real Estate.

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.

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