Willis Tower Names Newest Tenant
March 27, 2018
CHICAGO, March 27, 2018 -- Equity Office, the U.S. office portfolio company wholly-owned by Blackstone’s real estate funds, announced today that Capco will be the newest tenant in the Willis Tower.
Capco, a global management and technology consultancy for the financial services industry, recently signed a long-term office lease for more than 7,900 square feet on the 41st floor of the Willis Tower.
“We’re thrilled to have Capco join us in the building,” said David Moore, Senior Vice President and Portfolio Director at Equity Office. “Their fast-growing, forward-thinking team is a fantastic addition to our transforming community, and we’re pleased to welcome them to Willis Tower.”
Approximately 90 Capco employees have transitioned from an office space in the Franklin Building at 227 West Monroe (Chicago) to the Willis Tower. With the building’s convenient location and new renovations, Willis Tower is the ultimate Chicago workplace and an attractive destination that boasts a neighborhood atmosphere and energetic feel.
“We chose Willis Tower because the property closely aligns with our brand and culture,” said Mike Pugliese, Capco Managing Partner. “As a young, innovative consulting firm, we’re excited about the office space design and planned renovations to create a positive, high-energy environment for our team.”
In early 2017, Equity Office and Blackstone revealed $500 million renovation plans to take place over the next year. This is the biggest restorative transformation project in the building’s 43-year history, enhancing the urban destination. The renovations include more than 300,000 square feet of new retail space, 150,000 square feet for new tenant use, a 30,000-square-foot outdoor deck and garden, as well as dining and entertainment space at the base of the building.
Capco will be joining other Willis Tower tenants including the National Restaurant Association and United Airlines, among others. For more information on the renovation project and available tenant space, visit www.WillisTower.com.
About Equity Office
The Equity Office portfolio, encompassing approximately 58 million square feet of Class A office space throughout the U.S., is rich with signature properties in the nation's leading gateway markets. The company focuses heavily on meeting the current trends and changing strategic needs of companies and our chosen markets. We rely on a connected coalition of informed and market sensitive regional leadership groups made up of seasoned real estate professionals who keenly understand the nuances of their individual markets. With an average tenure of over 25 years in the real estate industry, our regional leaders also head teams with deep experience across the board from investment and asset management, to property management, development and construction. Our regional operations draw on the financial power and legendary prestige of one of the largest commercial real estate firms in the nation. As an affiliate of Blackstone, a pre-eminent global asset manager providing significant financial strength and long-term stability, we are extremely well capitalized. Please visit www.equityoffice.com for more information.
About Willis Tower
Located at 233 S. Wacker Drive, Willis Tower is an urban destination that feels like the heart of downtown Chicago. With unprecedented amenities and state-of-the-art renovations, the Tower is a modern workplace from street to sky that welcomes prominent businesses ranging from law firms to large airline corporations to insurance companies. Willis Tower stands 1,450 feet and 110 stories tall, overlooking spectacular Lake Michigan and Chicago views. Since its debut in 1973, the building has transformed into the ultimate destination for work, play and visit, offering comfortable and dynamic tenant, retail, dining and community spaces. With inviting hospitality and memorable experiences under one roof, Willis Tower attracts more than 1.6 million visitors per year with its community focus and approachable feel. For more information, visit www.WillisTower.com.
Capco is a global management and technology consultancy dedicated to the financial services industry. Our professionals combine innovative thinking with unrivalled industry and domain expertise to offer our clients consulting expertise, complex technology and package integration, transformation delivery, and managed services, to move their organizations forward. Through our collaborative and efficient approach, we help our clients successfully innovate, increase revenue, manage risk and regulatory change, reduce costs, and enhance controls. We serve our clients from offices in leading financial centers across the Americas, Europe, and Asia Pacific. To learn more, visit www.capco.com, and follow us on LinkedIn, Twitter and Facebook.