Office N Illinois Assisted living developer, Vi, takes 30,000 square feet at Willis Tower Savills has completed a 30,405-square-foot lease on behalf of national developer, owner and operator of high-end continuing care retirement communities, Vi, in Chicago’s Willis Tower at 233 S. Wacker Drive. Vi will move from its current space, at 71 S. Wacker Drive, in early 2020. The long-term lease encompasses the entire 84th floor.
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 Sales tech firm Showpad triples footprint at One North State Sara Spicklemire and Kelsey Scheive of CBRE represented Shorenstein Properties in leasing a 68,391-square foot office space at One North State in Chicago. James Stein of Cushman & Wakefield represented the tenant, global sales enablement leader Showpad.
Office N Illinois Wight & Company retained to transform former AT&T HQ in Hoffman Estates Chicago-based integrated design and delivery firm Wight & Company has been retained by Somerset Development to provide design services for Bell Works Chicagoland, a redevelopment project that will transform the vacant 1.65 million-square-foot AT&T corporate campus in Hoffman Estates, Illinois, into a mixed-use complex that will include office, co-working, retail and community space.
Office N Illinois With Fulton Market expansion, Glassdoor plans to add new jobs in Chicago Job search and recruiting giant Glassdoor will further expand its presence in Chicago, signing a long-term lease for two full floors of a new office building, West End on Fulton, located at 1375 W. Fulton Street. With room for up to 400 employees, in addition to the offices at 1330 W. Fulton Street that Glassdoor will maintain, the company is on track to create up to 500 new jobs in Chicago over the next several years.
Office X Missouri Cushman & Wakefield Portfolio Services Center wins WELL certification Cushman & Wakefield’s Portfolio Services Center Americas at 575 Maryville Centre Drive in St. Louis has been awarded WELL Certification at the Silver level by the International WELL Building Institute™.
Office N Illinois Tech firm ActiveCampaign doubles its Loop footprint ActiveCampaign, a marketing software company, has signed a 50,000-square-foot lease at 1 North Dearborn Street in Chicago’s Loop, in addition to the 65,000 square feet that the firm has occupied since 2017. Having doubled its workforce to approximately 500 employees in the past few years, ActiveCampaign now occupies space on the fourth and fifth floors of the Beacon Capital Partners-owned building.
Office N Illinois The Missner Group completes build out for Rockwell Automation at Olympian Office Center The Missner Group has completed construction on Rockwell Automation’s new space at the Olympian Office Center property located at 4343 Commerce Court in Lisle, Illinois. The Missner Group also owns the property, which is situated along I-88 in the East/West Tollway submarket of suburban Chicago.
Office Midwest Just how big will coworking get in the next decade? The demand for flexible workspace – including coworking and hybrid centers – isn’t cooling. The opposite is happening, as more entrepreneurs, start-ups and even large companies are renting desks, offices and conference centers in these flexible workspaces.
Office N Illinois Accenture expands, takes naming rights at Chicago's 500 West Madison The Helmut Jahn-designed building at 500 West Madison in Chicago will now be known as Accenture Tower, following a lease expansion by the Dublin, Ireland-based professional services company. Accenture now occupies 226,486 square feet in the property—owned by KBS Real Estate Investment Trust III—enough space to accommodate all of its approximately 6,200 area workers and to hire another 600 tech employees by 2022.
Office N Illinois Three-property office portfolio sells in Chicago’s Fulton Market District Newmark Knight Frank (NKF) arranged the sale of a three-property office/retail portfolio in Chicago’s Fulton Market District. NKF senior managing director, Andy Gallas, and managing director, Gino Tabbi, of NKF’s Chicago office, oversaw the transaction on behalf of the seller, a joint venture between Madison Capital and ASB Real Estate Investments (ASB), and the undisclosed buyer.
Office N Illinois Construction begins on new Fulton Market office building, Fulton East Construction has started on Fulton East, a 12-story, 90,000-square-foot office and retail building at 215 N. Peoria Street, in the heart of Chicago’s Fulton Market District. Developed by Peoria Green Owner LLC, a venture of veteran Chicago-based real estate developers Bob Wislow and Camille Julmy, the project should wrap up by spring 2020.
Office P Kansas Law firm moving to Copaken Brooks-owned office building in Kansas Spencer Fane LLP is moving its Overland Park, Kansas, office this year to a new property owned and managed by Copaken Brooks.
Office N Illinois Redefining the suburban office Downtown Chicago has benefitted from a steady stream of corporate relocations in the recent past. Many of these companies didn’t have far to move as they were already in the suburbs. So how is the suburban office market coping with all of these emigrations?
Office W Minnesota CBRE sells Two22 office tower in Minneapolis CBRE recently represented Principal Real Estate Investors in the sale of Two22, a 730,000-square-foot, 42-floor office tower in Minneapolis, to Lingerfelt Commonwealth Partners, LLC, a Richmond, Virginia-based commercial real estate investment firm.
Office N Illinois Savills secures lease for Skidmore, Owings & Merrill in Chicago Savills completed a long-term lease restructuring and renewal for the Chicago office of Skidmore, Owings & Merrill LLP (SOM). The global architecture firm will occupy 55,988 square feet in the Railway Exchange Building, located at 224 S. Michigan Avenue in Chicago’s East Loop.
Office i Ohio Hines wraps major renovations at Columbus' Huntington Center Renovations at Huntington Center, a 1-million-square-foot, 37-story office tower in downtown Columbus, Ohio, have wrapped. The office buildng, developed by international real estate firm Hines in 1984, received $16 million of repositioning and renovation work.
Office i Ohio It's all about the flexibility: Coworking still surging across the Midwest It’s a trend that is showing no signs of slowing: Coworking spaces are popping up across the country. And the Midwest is no exception, as both small companies and their bigger cousins are looking to coworking spaces to provide flexible work options for their employees.
Office W Minnesota Paul Bunyan Communications expanding in Grand Rapids Paul Bunyan Communications will be building a new facility in Grand Rapids, Minnesota, beginning this summer and opening in the late spring of 2020.
Office N Illinois GSF opens tenth innovation center In Chicago's West Loop Irvine, California-based Golden State Foods (GSF) unveiled their newest office space and Innovation Center in Chicago’s West Loop neighborhood. The space features product development workstations and was designed to be a food innovation hub as well as to replicate full-scale plant production systems for efficient commercialization.