Quote:
Originally Posted by Chicagoguy
I heard today that United has been actively looking at a move to the Post Office because they have already outgrown their current space in Willis Tower.
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This implies there is no more space available in Willis Tower which is very much not true, even with the recent Morgan Stanley announcement. Also I find it hard to believe that Blackstone would be willing to let their main tenant of 850K sqft leave over lack of space in a building that has over 4m sqft.
I suppose it's possible that United got a hell of a discount on their lease and Blackstone feels that with the new investments they can re-lease the space at a much higher rate and so they're willing to let United walk.