CHICAGO – Transwestern Real Estate Services (TRS) announces it has facilitated two long-term office lease renewals at 203 N. LaSalle St. in Chicago’s Central Loop submarket. Senior Vice President Kathleen Bertrand, Executive Vice President Eric Myers, and Vice President John Nelson represented building ownership, Sumitomo Corporation of Americas. Transwestern also manages the 27-story, 624,724-square-foot tower.
The renewing tenants include the Office of the State Appellate Defender (OSAD) and Masuda Funai, a law firm that represents foreign companies entering and operating in the U.S. market. OSAD has been in the building since 2007 and has recommitted to the entire 24th floor, totaling 36,000 square feet. Masuda Funai signed a lease for 16,300 square feet and is relocating to the 17th floor.
"We are thrilled to further strengthen our relationship with OSAD and Masuda Funai at 203 N. LaSalle St.," said Bertrand. "The Central Loop, buoyed by Google's ongoing redevelopment of the Thompson Center, remains a stronghold for successful businesses. These deals not only reflect the desirability of our location but also Sumitomo’s commitment to providing quality spaces for our tenants to thrive.”
Earlier this year, 203 N. LaSalle welcomed Lessen to its tenant roster when it inked the largest new lease deal in the Central Loop in 2024. In total, leasing activity year-to-date at the property is approximately 134,000 square feet.
"We are deeply committed to fostering a strong partnership with our tenants, and we extend gratitude to OSAD and Matsuda Funai for their continued trust in us,” Luke Sasako, Senior Director, Sumitomo Corporation of Americas. “At Sumitomo, we believe that the landlord-tenant relationship is not just a transaction; it’s a collaboration built on mutual respect and shared success. Together, we look forward to cultivating a vibrant community and enhancing the value of our property."
203 N. LaSalle St. is a LEED Gold-certified tower with access to considerable options for transportation. It offers a 1,200-space parking garage as well as a direct connection to the CTA Clark/Lake Station and the Pedway system. The building features a full array of amenities, including a state-of-the-art conference center, fitness center, and multiple tenant lounges exclusive and complimentary to tenants. Sumitomo Corporation of Americas owns the building debt-free, allowing for sustained investment in its facilities and services.
Masuda Funai was represented by John Ziesmer of Transwestern Commercial Services.
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About Sumitomo Corporation of Americas
Sumitomo Corporation of Americas (SCOA) was established in 1952 and is headquartered in New York City with nine offices in major U.S. cities, four offices throughout Canada, and two offices in Mexico. SCOA is the largest subsidiary of Sumitomo Corporation, one of the world’s leading traders of goods and services. As an integrated business enterprise, the firm has emerged as a major organization of multinational projects, an expediter of ideas, an important international investor and financier, and a powerful force for the distribution of products and global communications through a network of offices worldwide. Its core businesses include Energy, Automotive, Social Infrastructure, Agri-food and Life Science, Construction and Transportation Systems, Real Estate, Mineral Resources, and Energy Innovation. For more information visit www.sumitomocorp.com
About Transwestern Real Estate Services
Part of the Transwestern companies, Transwestern Real Estate Services (TRS) strives to add value for investors, owners and occupiers across all commercial property types. Fueled by a holistic perspective of the real estate life cycle, agility and creativity are hallmarks of our approach, while vast national resources and sound market intelligence underpin customized recommendations and property solutions.
Four dynamic, integrated companies make up the Transwestern enterprise, giving us the perspective to think broadly, deeply and creatively about commercial real estate. Clients and investors rely on us for expertise that spans institutional and opportunistic investment, development, hospitality, and brokerage and asset services. Our award-winning, collaborative culture empowers team members with resources and independence to work across boundaries in pursuit of innovative solutions, reinforcing a reputation for service excellence that translates to measurable results. Through offices nationwide and alliance partners around the globe, we positively impact the built environment and our communities while fostering a work climate that champions career vitality for all. Learn more at transwestern.com and @Transwestern.
Media Contact:
Mallory Martin
312.881.7022
mallory.martin@transwestern.com
twmediarelations@transwestern.com
