GMS LogoChicago, IL – November 11, 2011 – Chicago-based event managing service Global Management Services, Inc (GMS) recently signed a long-term lease for new office space at One North LaSalle Street in Chicago.

GMS had been a tenant at 360 North Michigan Avenue for over eleven years and had a good relationship with its landlord. However, their space was in need of updating and required modifications to continue to meet their growing operational needs. With the assistance of Bella Terra Partners, a commercial tenant representation firm, GMS was able to move into a sister building of 360 N Michigan Avenue, One North LaSalle Street, owned by the same landlord. “The space offered at One North LaSalle Street had perfect existing conditions, was double the size and included furniture that would become vacant at exactly the time GMS required this space.” said Rhea Campbell, Founding Partner of Bella Terra Partners who represented GMS. “Not only that, the negotiated transaction fit well with GMS’s business goals and was a shorter negotiation process because of the long term relationship of the tenant and the landlord. The landlord gets to keep a solid business in its portfolio of Chicago owned assets and the tenant gets almost brand new space for a fraction of the cost with no out of pocket exposure. It’s a win for both parties.” stated Campbell.

GMS provides event management services throughout the United States, Canada and the rest of the world. Local services they provide include: flight bookings, venue selections, transportation, multilingual guides and interpreters, fine dining, hotel arrangements and unique entertainment. And, they have international representatives in Benelux, Germany, Italy and the UK.