Office N Illinois
BMO Tower officially breaks ground in Chicago

BMO Tower officially breaks ground in Chicago

Goettsch Partners celebrated the groundbreaking today for Union Station Tower, also known as BMO Tower, a new 50-story office building in Chicago. Goettsch is serving as the architect for the project, developed by Riverside Investment & Development and Convexity Properties and anchored by Montreal-based BMO Financial Group.

Office N Illinois
Golub & Company signs SFNR to full-floor lease at The 300

Golub & Company signs SFNR to full-floor lease at The 300

Chicago-based law firm Schoenberg Finkel Newman & Rosenberg (SFNR) has signed a 15,460-square-foot, long-term lease at The 300, located at 300 S. Wacker Drive in Chicago. Golub & Company’s Deborah Frank, senior vice president, and Sandy Macaluso, vice president, represented Golub, the building’s owner. Tony Karmin and Corby Marx of Colliers International represented SFNR.

Office N Illinois
1910 S. Highland Avenue in Lombard, Illinois, where Northeastern Illinois Agency on Aging received numerous concessions on their eight-year, 8,800-square-foot lease.

The nonprofit niche: A world of low rents and high concessions

A nonprofit organization is an office user unlike any other, one that usually commands the lowest rents in a property or that is able to negotiate generous concession packages. But tenant reps will have to take a customized approach, based on deep market knowledge, to nail down the deals that these firms don’t just want—they need.

Office N Illinois
Spec suites and shared office program kicked off at Concourse Chicago

Spec suites and shared office program kicked off at Concourse Chicago

Berger Asset Management and NAI Hiffman have just launched a spec suites and shared office program at the newly renovated Concourse Chicago, the 12-building, 165,000-square-foot first class office complex in the heart of the O’Hare office market. Concourse Chicago is located at 8601-8623 Bryn Mawr Avenue and 8600-8622 Catalpa Avenue in Chicago and is just steps from the Blue Line.

Office N Illinois
CBRE launches enhanced tenant engagement program in Chicago, nationally

CBRE launches enhanced tenant engagement program in Chicago, nationally

CBRE Global Investors is launching its new “Above & Beyond for Business” (A&B) tenant experience program at office buildings across the United States. The program is now live at 150 N. Michigan Avenue in Chicago, as well as in other major U.S. markets including Atlanta, Dallas, Southern California (Anaheim, Irvine and Pasadena), Portland, Oakland and Washington, D.C., with other markets slated to roll out in the coming months.