Duff & Phelps Acquires 46,855 Square Foot Space for New Chicago Office in Fulton Market

Shows commitment to developing Chicago neighborhood; extends decades-long history in the city.

Chicago – Duff & Phelps, the global advisor that protects, restores and maximizes value for clients, today announced that it has signed a 46,855 square foot lease at 167 Green Street in Chicago’s Fulton Market district.

Duff & Phelps was originally founded in Chicago in 1932. Since that time, the firm has expanded to over 25 locations in the U.S. and houses more than 200 Chicago-based colleagues supporting clients in the areas of corporate finance, valuation, transfer pricing, tax advisory and disputes and legal management consulting.

Brett Marschke, Chief Operating Officer at Duff & Phelps, commented, “Chicago is the birthplace of Duff & Phelps and an important location for our firm. The new office in Fulton Market will allow us to grow our valuation and corporate finance businesses and expand our other services related to good governance and digital solutions. Importantly, this space will enhance collaboration among our colleagues and allow us to better serve our clients.”

Rebecca Nelson, Managing Director and Chicago City Leader at Duff & Phelps, added, “When deciding on a new office location for our Chicago team, we wanted to ensure that the space reflected the feedback we received from our colleagues—the desire for a more contemporary working environment. 167 Green provides that and more, and I look forward to this next chapter for Duff & Phelps Chicago.” 

Jeff Shapack, Founder and CEO of Shapack Partners, added, “The Fulton Market district is a booming area for business, residents, restaurants, retailers and more, with an optimal location that provides ample, convenient access to public transportation. We’re excited to have Duff & Phelps at 167 Green and know they will enjoy the many benefits of this new space and community.”

In the heart of Fulton Market, 167 Green is a 17-story office building that hosts a number of amenities, including a 400-person town hall space, a gym and an outdoor terrace with rooftop garden. The building has access to more than 50 restaurants and retailers in the area, with over 30,000 square feet of ground floor retail.

Duff & Phelps was represented in the transaction by CBRE and Meister Seelig & Fein LLP. Shapack was represented by Strategic Leasing Law Group, LLP.

About Duff & Phelps
Duff & Phelps is the global advisor that protects, restores and maximizes value for clients in the areas of valuation, corporate finance, investigations, disputes, cybersecurity, compliance and regulatory matters, and other governance-related issues. Our clients span across diverse sectors, mitigating risk to assets, operations and people. With Kroll, a division of Duff & Phelps since 2018, the firm has nearly 3,500 professionals in 28 countries around the world. To learn more, visit www.duffandphelps.com.

Contact
Duff & Phelps
Angela Tucciarone
+1 212 871 6237