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NGKF Lands Leasing Gig at John Hancock

CHICAGO—The effort is part of the iconic building's new set of owners to upgrade the property.

By Brian J. Rogal | Updated on February 05, 2014

CHICAGO—Newmark Grubb Knight Frank has just been named the leasing agent for the nearly 190,000-square-feet of retail space at the John Hancock Center. It includes 171,771-square-feet of retail on the Concourse level, and the 7,000-square-foot Signature Room at the 95th, a fine-dining restaurant on the building’s 95th floor.

The ownership joint venture that includes Madison Capital and Prudential Real Estate Investors selected NGKF executive managing director Gregory Kirsch to transform the concourse space at 875 N. Michigan Ave. It was purchased in 2012 for nearly $142 million. That sale was just one of a series at the Hancock. In 2013, the Hearn Company, along with The Lynd Company and Mount Kellett Capital Management LP, purchased from Deutsche Bank AG the 900,000-square-foot office sector and 710-car parking facility.

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