Office N Illinois
Sullivan Center, iconic Chicago Loop office building, sells for $176M

Sullivan Center, iconic Chicago Loop office building, sells for $176M

JLL facilitated the sale and financing of the 833,000-square-foot office component of Sullivan Center, an iconic commercial complex with coveted large floor plates in the heart of Chicago’s Loop. The buyer was New York-based 601W Companies. The sellers, a venture between New York-based private equity firm KKR and Madison Capital, had owned the property since 2016. It is currently 97 percent leased.

Office N Illinois
Cicero's Development reinvigorates Chicago photo studio offices

Cicero's Development reinvigorates Chicago photo studio offices

Located in Chicago, Clutch Studios creates, produces and distributes brand marketing content for clients that range from Walt Disney to Harley-Davidson. With creativity at its core, Clutch Studios envisioned a renovation of its 4,000-square-foot offices into an open, uncluttered space that fostered fresh thinking and collaboration. But there was a catch: work had to be completed on an especially tight deadline, within the two-week window in late December when employees were on vacation.

Office N Illinois

Arjo Inc. expands in Addison

Arjo Inc. (formerly ArjoHuntleigh NA) has recommitted to the Chicago suburbs with a 62,000-square-foot, long-term lease restructuring for its North American headquarters at 2349 W. Lake Street in Addison. The lease includes an 18,000-square-foot expansion and Arjo now has the entire second floor of Meadows Corporate Center I, a 41 percent increase that provides needed space for growth in the coming years.