Search
 

Chicago Tenants Expand in Downtown Towers

CHICAGO-Companies look to consolidate less as brokers believe that confidence is returning to the office market.

By Robert Carr | Updated on March 22, 2011

CHICAGO-A number of office tenants in the downtown have recently announced expansion plans, somewhat of a turnaround from the past two-to-three years of consolidations due to the economic downturn. However, brokers, while hopeful, are not willing to yet characterize this as a trend.

The law firm Pierce and Associates recently expanded from 50,000 square feet to almost 78,000 square feet at One N. Dearborn, a historic office building designed by Holabird & Roche in 1905. The company moved to the 249,000-square-foot building from 18 S. Michigan in 2003.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.