Bradford Allen is pleased to announce that Director Matthew Wright has completed a lease extension and expansion on behalf of Summit Expedited Logistics at 55 W. Monroe Street. The Chicago-based, full-service transportation provider has signed a long-term lease extension and will expand their offices on the 35th floor. The expansion provides Summit the space to accommodate their growing sales team, nearly tripling their occupancy from 6,378 square feet to 15,844 square feet. Situated on the curve of the building, the space features prominent views of Lake Michigan and a new entryway off of the elevator bank. Wright originally assisted in Summit’s move to the building via a sublease in 2018, on which the tenant still had term remaining. Andrea Saewitz and Matt Lerner of Cushman & Wakefield represented the landlord in the transaction.
“I very much enjoyed working with the Summit team on this transaction and continue to be impressed with their rapid growth,” said Wright.
A 40-floor office building in Chicago’s CBD, 55 W. Monroe benefits from immediate proximity to public transit and popular eateries. Its amenities include 24-hour building security, a fitness center, a conference room, restaurants, banking, and a Dollop Coffee in the lobby. The building is Energy Star rated and LEED Gold certified for its best-in-class design.
About Bradford Allen
Bradford Allen is a national commercial real estate firm based in the heart of downtown Chicago. The company offers a full array of brokerage services and expertise to entrepreneurial, corporate, and not-for-profit clients. Services include strategy, marketing, and transaction execution for occupiers, investors, and owners of commercial real estate. Bradford Allen is the brand name of Bradford Allen Realty Services. For more information, visit bradfordallen.com.
About Summit Expedited Logistics
Summit Expedited Logistics is a customer-focused transportation management provider with deep industry experience and ties to preferred industry partners. Established in 2001, the company focuses on truckload, intermodal, expedited ground, LTL, and other supply management services. Summit specializes in delivering cost savings and operational efficiency through innovative transportation solutions. For more information, visit summitexpedited.com.