Challenge

In late 2011 Resurrection Health Care and Provena Health merged to become the largest Catholic healthcare system in Illinois. 

The new HQ needed to have the following characteristics:

  • Major identity on a building;
  • Ease of access to transportation;
  • An image befitting a mission based non-profit while still providing top of the class facilities; and
  • Competitive lease terms.

Strategy

Worked alongside Presence’s senior management team to identify suburban and downtown space options that could meet the needs and mission of the organization.  We also assisted a third party incentives team to maximize the available city incentives available in Chicago.

 

Results & Services

Presence Health ended up leasing a 45,000 square foot HQ office at 200 South Wacker which provided the following benefits:

  • Located in the West Loop, near major expressways and train hubs;
  • Signage on the building at Wacker/Adams and on the Chicago River across from Union Station, as well as monument signage;
  • An incentive package worth millions of dollars; and
  • Favorable lease terms at a pre-eminent location.
  • Continued assistance to Presence in additional projects throughout Chicagoland and Illinois.