[AlpacaObsessor]

Originally Posted by ardecila

It's a weird zone of desirability, not prestigious enough for marquee office towers compared to riverside or Wacker Drive sites, but too close to the CBD and too business-like for a real residential boom.

So, we get a slow trickle of the so-called "econoboxes" that aim for cost-conscious corporations who don't want to pay top-dollar rents, and a slow trickle of residential towers from people who want to be close to work but don't demand a bunch of amenities right outside the door.

^this

Here's a quote from a Crain's article published a few months ago about 625 W Adam's struggle to find tenants

"It's going to be great for somebody, it's just not where everybody is looking," said Ari Klein, a tenant rep at brokerage Cushman & Wakefield who has toured 625 W. Adams with clients. "One could argue really well that it's somewhat off the beaten path today."

Location may be the biggest challenge for the property. The building is separated by the Kennedy Expressway from the heart of the West Loop's popular restaurant and office core. While it is close to Union Station, the area between Metra and the highway has yet to prove itself as an office hub, making leasing more difficult."