Check Out This Innovative Tech Space At 151 N Franklin

March 11, 2019

Patrick Brady

Market Expert

Assistant Director, Savills Studley

Illinois Licensed Real Estate Broker

Call 312-595-2987

5,017 to 20,368 SF Available In Efficient, One-Of-A-Kind Tech Workplace

 

Launched in June 2018 by Newmark Knight Frank, the innovative tech space at 151 N Franklin is a stunner. Already an icon in the neighborhood, it represents the best of modern Chicago. Breathtaking innovation, forward-looking sustainability, and a beautiful and efficient space combine into a one-of-a-kind workplace experience. Just take a look at the excellent video below from the 2018 launch:

 

 

Innovative Building

This 35-story building was developed by the John Buck Company and designed by Chicago-based John Ronan Architects (see more of their projects, including the Poetry Foundation headquarters and new Obama Presidential Library, here). 151 N Franklin was designed as an intuitive, innovative tech space, allowing for lower operating costs, while its sleek tech look and open atmosphere make it a hub of development. The extraordinary design has already attracted the best and brightest: the building was 92% leased at delivery, with tenants including Facebook (260,000 RSF), CNA Insurance (300,000 RSF) and Hinshaw & Culbertson (120,000 RSF).

From garage to rooftop, this building is thoughtfully designed for an extraordinary employee experience. It’s intended to promote a healthy lifestyle through a seamless integration of outdoor and indoor spaces, including a four-story covered plaza, second-story terrace, and rooftop sky garden with unobstructed 360-degree views of the skyline. In addition to providing a rejuvenating respite, these areas encourage connection and provide a variety of third space options for those who want to work beyond the desk.

The interior is just as optimized, with amenities including a state-of-the-art fitness center, executive parking, conference and collaboration areas, destination dispatch elevators, and round-the-clock security. It’s committed to ongoing sustainability, with tenant monitored and controlled energy usage and a supplemental solar electrical system. As one of the most technologically advanced office spaces in Chicago, the building works closely with IMG Connect to ensure tenants have the reliable, flexible, and secure connectivity that they need to get business done, earning them a Wired Certified Platinum. The customized mobile application allows tenants to view and manage their amenities, security provisions, and much more — check out the brochure below for details:

Connectivity Flyer

 

Bustling Location

Only a few blocks from Millennium Park and Michigan Avenue, 151 N Franklin is the perfect place for companies that want an innovated tech space at the center of it all. The location is surrounded by Chicago’s best shopping, dining, and nightlife, guaranteeing true 24-hour appeal. Regardless of your mode of transportation, it’s easy to get there, with Union Station, Ogilvie Station, and multiple CTA stops all less than a five-minute walk away. It’s only a few minutes away by car from Lakeshore Drive and the Kennedy Expressway, and the 4,200 parking spots within one block means that finding a spot will never be a problem.

Both fine dining and more casual fare is available right in the building at Francois Frankie or Left Coast. If you’re looking a little farther afield, Taza Cafe, Pierogi Heaven, and Cafecito are perfect for a quick bite, while Prime & Provisions and Gibsons Italia are ideal for a nice dinner. For proof of this area’s excellence and innovation, look no farther than 151’s corporate neighbors, which include the headquarters of the American Hospital Association, Brookfield Properties, Accenture, and Morningstar.

 

Space Perfect For Tech

Three spaces are currently available at 151 N Franklin under sublease from Morgan Stanley. All feature at least 9’6’’ finished ceilings with full height glass, providing ample sunlight and stunning views of the Loop, as well as walk-through restrooms and on-floor HVAC. The space avoids divisions and features efficient column-less corners, maximizing the available square footage.

The two listed below are both five-year options and are available immediately:

  • Suite 2150 is 5,139 RSF and features gorgeous views from the 21st floor. It includes a 5’ planning module, 9 exterior offices, 14 2’x6’ workstations, and one 12-person conference room. In total, it seats 24 at 213 RSF per person.
  • Suite 500 occupies 5,017 RSF on the fifth floor. It includes a 5’ planning module, 7 perimeter offices, 4 6’x6’ workstations, and 2 conference rooms that each fit between 8 and 10 people. The smallest of the available spaces, it seats 12 at 414 RSF per person.

The largest space available, currently under construction, is located in Suite 400 and is available as a 10-year option. It occupies 20,368 RSF and features a 13’2’’ slab height with 9’6’’ glass windows. The layout includes 9 perimeter offices, 2 large conference rooms, 9 huddle rooms, 8 phone rooms, 120 workstations, and a large cafe and flexible space. In total, it seats 130 at 156 RSF per person.

Perfect for tech companies based in New York, San Francisco, and other coastal cities looking to expand, this building offers beautiful spaces and competitive rates. Companies like Facebook have already taken advantage of this one-of-a-kind employee experience in an ideal urban workspace for businesses of any size. If this sounds like the place for your company to innovate, thrive and prosper, send us an email for rates and more information.

 

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