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Robert Morris Univ. Expands to 323,000 SF in Chicago

School Inks Largest Lease in CBD in 2009
November 24, 2009
Robert Morris University signed a 323,000-square-foot lease expansion and extension at 401 S. State St. The transaction is the largest lease deal in Chicago's central business district this year.

"This lease provides the university with a state of the art home facility and place to call home for a long time," said Joseph Learner, executive vice president, director and co-branch manager of Studley in Chicago, who represented the tenant. "The expansion space will support the school's future growth, allowing it to expand the programs it offers to its student body. In a difficult economic environment, RMU continues to grow and invest in downtown Chicago and throughout its campus system."

The deal included a 39,000-square-foot expansion, which doubles the school's space since it moved into 401 S. State St. 11 years ago. The property is an eight-story, 463,232-square-foot office building in the education corridor.

Robert Morris is the 10th largest private university in Illinois, and offers professional, career-focused education in a collegiate setting to diverse communities.

Anvan, managing partner of the ownership group of 401 S. State St., represented the landlord.

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