Insurance Company Takes 13th Floor at 1 S. Wacker
National property and casualty insurance provider Crum & Foster signed a long-term lease deal for 17,198 square feet at One South Wacker Drive in Chicago's West Loop. The firm will share the 13th floor with group health insurance provider Aetna.
The 40-story, 1.16 million-square-foot, Class A office building was designed by renowned architect Helmut Jahn in 1982 and underwent an extensive renovation in 2000. It is currently 82 percent leased.
The building was awarded an Energy Star label for its operating efficiency, which features a fully-integrated HVAC system with thermostatically controlled variable air volume zones controlled by a fully automated computer-based energy management system designed to optimize energy use while minimizing operating costs.
J. Frank Franzese, Steven Bauer and Natalie Tadin of Cushman & Wakefield of Illinois represented Crum & Foster. Michael Curran and Melissa Rubenstein with Jones Lang LaSalle represented the building's owner, TIAA-CREF.