RSM adding to office footprint at new CME Center headquarters

The accounting firm is moving across the street from 1 South Wacker Drive to 30 South Wacker
By Joe Ward | May 21, 2019 10:00AM

RSM CEO Joe Adams and CME Center at 30 South Wacker Drive (Credit: RSM and CME Center)

RSM CEO Joe Adams and CME Center at 30 South Wacker Drive (Credit: RSM and CME Center)

Accounting firm RSM will expand its footprint at its new Wacker Drive headquarters in Tishman Speyer’s CME Center by taking an extra 15,000 feet.

RSM in February announced it will move its headquarters from 1 South Wacker Drive to the CME Center, 30 South Wacker Drive next year. The accounting firm originally planned to lease 150,000 square feet at the CME Center, but it will exercise an option to expand its footprint to more than 165,000 square feet, Tishman Speyer announced Monday.

The five-floor lease came with an option to add as much as 30,000 square feet to its footprint. The expanded lease now puts the twin-tower CME Center at 95 percent occupied, according to Tishman Speyer.

RSM currently leases 160,000 square feet at 601W Companies’ 1 South Wacker. Its new, 165,000-square-foot lease bucks the trend of major downtown tenants pairing down their office footprints.

The firm’s new lease is also a blow to 601W Companies, which bought 1 South Wacker from Manulife John Hancock in December for $310 million. New York-based 601W is planning a $90 million overhaul of the tower.

Tishman Speyer last year began a renovation of the CME Center, including a new 15,000-square-foot tenant lounge and conference room. Tenants at the CME Center also have access to Tishman Speyer’s amenity booking app, called ZO.