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The UBS Chicago office is a hub for financial services, located in the heart of the city. It's situated at 311 S Wacker Dr, Chicago, IL 60606.
The UBS Chicago office has a strong presence in the city, with a team of experienced professionals providing a range of services to clients.
UBS opened its Chicago office in 2008, expanding its presence in the Midwest region.
UBS Chicago Office News
UBS has a significant presence in Chicago, with a joint venture partnership buying 20 N. Clark, a 35-story office tower in the Central Loop.
The building, located on the northeast corner of Clark and Madison streets, is a 393,094-square-foot Class B+ building that was built in 1981 and is currently 83 percent occupied.
UBS is committed to expanding its presence in Chicago, with plans to invest in improvements to 20 North Clark, including a new conference center, fitness center, and lobby upgrades.
The firm has also opened a private wealth management office in Chicago, located at One North Wacker Drive, which will serve the specialized needs of clients with assets greater than $10 million.
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The Chicago office is part of a series of planned offices across the US that will offer a comprehensive package of brokerage, trust, and private banking services.
UBS has a significant global presence, with 39 percent of its employees working in the Americas, compared to 34 percent employed in Switzerland.
The firm's private wealth management office in Chicago will employ around 50 staff, including private wealth advisors, private bankers, and related service personnel, who have been trained internally.
UBS Office Locations
UBS has a significant presence in Chicago, with a major office located in the city's financial district. This office serves as a hub for the bank's operations in the Midwest.
The UBS Chicago office is situated at 311 S Wacker Dr, Chicago, IL 60606. This address is easily accessible by public transportation, making it a convenient option for clients and employees alike.
UBS has a global network of offices, with locations in major financial centers around the world.
North Wacker Drive Listing Brief
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The North Wacker Drive listing brief for 1 North Upper Wacker Drive is a great place to start when considering office space rentals.
This property is located in the Chicago Loop neighborhood of Chicago and is situated within zip code 60606.
The building was originally completed in 2001 and is rated class A+, indicating its high quality and modern facilities.
The property includes 1,392,011 square feet of space, with 117,215 square feet being rentable office space.
You can find more detailed information about this property, including ownership and tenant details, on CommercialEdge.
Here are the available space options at 1 North Upper Wacker Drive:
- 1 Space: 4,549 SF
- 6 Spaces: 259,950 SF
Beacon Investment Properties Buys 20 N. Clark Office Tower
Beacon Investment Properties has made a significant move in the Chicago office market by acquiring the 20 N. Clark office tower.
Located in downtown Chicago's Central Loop, the 35-story tower is a 393,094-square-foot Class B+ building built in 1981. It's currently 83% occupied.
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The joint venture between Beacon Investment Properties and UBS Global Asset Management plans to invest in improvements, including a new conference center, fitness center, and upgrades to the lobby, corridors, and common areas.
These enhancements aim to reposition the building to Class A status, increasing occupancy and returns. A spokesman for UBS believes that with its planned enhancements, 20 North Clark will continue to attract quality tenants.
The building's location in the heart of the Central Loop is a major draw, with the technology sector and other professional services groups moving their headquarters from the suburbs into downtown Chicago.
The Beacon-UBS partnership is committed to expanding their presence in Chicago and is currently evaluating additional acquisition opportunities in the CBD. They welcome discussion of other off-market deals.
CBRE's Chicago office represented the sellers, working with a Beacon team headed by Brian Rosen, director of acquisitions. Acquisition financing was arranged by Susan Hill, senior managing director of HFFLP's Houston office, and provided by General Electric Capital Corporation.
Frequently Asked Questions
What services are offered by UBS Financial Services Inc Chicago?
UBS Financial Services Inc. Chicago offers investment advisory services and brokerage services to clients. As a registered investment adviser and broker-dealer, they provide expert guidance and trading capabilities.
Sources
- https://www.commercialcafe.com/commercial-property/us/il/chicago/ubs-tower/
- https://www.commercialsearch.com/commercial-property/us/il/chicago/ubs-tower/
- https://rejournals.com/beacon-investment-properties-ubs-joint-venture-buys-20-n-clark-office-tower/
- https://www.familywealthreport.com/article.php/UBS-Opens-Wealth-Management-Office-in-Chicago
- https://www.globest.com/2002/09/04/ubs-painewebber-renews-lease-on-60000-sf/
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