West Loop Submarket
Glassdoor Doubles Up on Chicago Office Space
The popular jobs and recruiting site signed a long-term lease for 52,000 square feet at Trammell Crow Co.’s development in the city’s West Loop submarket.
Chicago Loft Office Building Commands Near-Record Price
Marcus & Millichap represented the seller of the four-story West Loop property, which traded for 13.1 million or $436 per square foot.
Summit Design + Build, RDG Funds Renovate Historic Chicago Building
The former Crane Co. Factory Building, located in the West Loop, will be converted into an office asset following a full interior demolition.
Chicago’s Legal Sector Contracting Office Space
Since 2016, approximately 70 percent of the large Chicago law firms that completed lease transactions downsized, according to 2018 CBRE research. Senior Vice President David Mahoney talked with CPE about the impact of this trend on the metro’s office market.
Peapod Relocates HQ to Downtown Chicago
The company will be moving all its employees from its suburban headquarters in Skokie, Ill., and the Civic Opera Building to a new 53,000-square-foot office in downtown Chicago.