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Old Posted Jul 12, 2018, 4:02 PM
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ardecila ardecila is offline
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Join Date: Jun 2006
Location: the city o'wind
Posts: 16,356
^ To be fair, I think the leasing struggles at 625 West Adams are just generally indicative of how difficult it is to lease office space in Chicago. Even with a hot economy right now, office developers are still competing intensely for a relatively small number of anchor tenants and relocations, and changes in office design plus consolidations are reducing the footprint that each company occupies. If you want to fill office space, you have to be the coolest kid on the block... right now Sterling Bay is the coolest kid after landing Google and McDonalds and basically building a whole ecosystem in Fulton Market. They have the Morgan stop to bring in city workers, and they've figured out how to run private shuttle systems that bring people from Metra.
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