Office N Illinois Post Office targets two more major tenants: PepsiCo and WeWork Chicago’s Old Post Office, which has attracted a number of high-profile tenants to the redeveloping property, may have landed two more. Reports indicate that PepsiCo is in advanced talks to occupy approximately 200,000 square feet while WeWork is looking to take 120,000 square feet of its own.
Office N Illinois Uber confirms 450,000-SF office lease at Old Post Office Rideshare firm Uber has confirmed earlier reports and will lease 450,000 square feet in Chicago’s Old Post Office. It’s the largest of numerous leases in the redeveloping property and will be the tech firm’s biggest office outside of its San Francisco headquarters. Uber plans to move in by January 2020.
Office N Illinois Cboe closing in on 175,000 SF of space at Old Post Office Cboe Global Markets, parent company of the Chicago Board Options Exchange, is reportedly negotiating for space within Chicago’s Old Post Office. If completed, the deal would see the firm relocating from their current headquarters just across the river.
Office N Illinois For Chicago office space, it's a tenants' market There has been a shift in the dynamics of the downtown Chicago office market. New Q2 numbers express favorable tendencies for tenants, as rental rates plateau and available options overflow.
Office N Illinois Another major tenant for the Post Office: Tech giant Cisco Systems Silicon Valley giant Cisco Systems is reportedly eyeing a move to downtown Chicago. The tech firm, which currently occupies approximately 81,000 square feet in the Rosemont Corporate Center, is in talks to take 130,000 square feet in the Old Post Office.
Office N Illinois Old Post Office lands another tenant, Federal Home Loan Bank of Chicago The Federal Home Loan Bank (FHLB) of Chicago is reportedly in discussions to lease approximately 125,000 square feet in Chicago’s Old Post Office. New-York-based 601W Companies is in the midst of an $800 million renovation on the 2.8 million-square-foot, Art Deco building, with the first tenants scheduled to move in by September.
Office N Illinois Uber in talks to take 450,000 SF of Chicago Post Office space Rideshare firm Uber is reportedly in discussions to lease approximately 450,000 square feet in Chicago’s Old Post Office. New-York-based 601W Companies is in the midst of an $800 million renovation on the 2.8 million-square-foot, Art Deco building, with the first tenants scheduled to move in by September.
Office N Illinois More Post Office space leased out, this time to two Kroger subsidiaries Meal-kit firm Home Chef and analytics company 84.51° have signed leases to move into Chicago’s Old Post Office. The two companies, both owned by the The Kroger Co. supermarket chain, plan to move a combined 300-plus employees into the building over the next few years.