Allianz chopping office space in move to John Buck’s Wacker tower; Would shed 62 percent of its footprint in move from Agave Holding’s 225 West Washington Street

10/3/2024

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The Real Deal

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• Subcategory: Office: CBD

• Tag: Lease | Operations | Property Management

• Additional Filters-Subcategory: Office: Highrise

• Company: CBRE Group (NYSE: CBRE), Morgan Stanley (NYSE: MS)

A German financial services firm is set to become the latest tenant in John Buck Company’s Wacker Drive office tower, a move that would trim its footprint by 62 percent.

Allianz is nearing a deal for 28,000 square feet at 155 North Wacker Drive, a reduction from the 73,200 square feet it occupies at Agave Holdings’ 225 West Washington Street, Crain’s reported. The firm is expected to occupy an entire floor in the 46-story tower, according to sources familiar with the matter.