MB Real Estate announced today that The Chicago Community Trust will be moving its headquarters to Michigan Plaza, a 1.9 million square foot, two-tower office complex at 205/225 North Michigan Avenue in Chicago’s East Loop.
The 95-year-old community foundation, which is a tax-exempt public charity that accepts donations and offers grants within the Chicago community, will be relocating from nearby 111 East Wacker Drive to 24,000 square feet at 225 North Michigan. The Chicago Community Trust joins other notable foundations and associations at Michigan Plaza including The McCormick Foundation, Alzheimer’s Association and American Cancer Society.
“Michigan Plaza is pleased to welcome The Chicago Community Trust as a long-term tenant of 225 North Michigan at Michigan Plaza,” said Mark Buth, Senior Vice President and Managing Director of Leasing Services for MB Real Estate. “It is The Chicago Community Trust’s careful stewardship and commitment to our regional community that makes them such an appealing tenant for the building.”
Buth and Kathleen Bertrand, vice president of Leasing Services, represented building ownership, and Lisa Davidson and Tiffany Winne of Studley represented The Chicago Community Trust.
MB Real Estate leases and manages Michigan Plaza on behalf of ownership, which is represented by Loeb Partners Realty LLC, known for its long-term investment philosophy