CHICAGO—The Chicago office market has undergone significant changes in the past few years, and it looks like the owner of the the Chicago Board of Trade Building was able to keep pace with those changes. As a result of a recently-completed renovation, GlenStar Properties LLC closed out the year with 227,596 square feet of new leases and renewals signed.
Once known primarily as an office tower dedicated to firms that worked on the city's trading exchanges, the CBOT building now hosts tenants such as Amli Residential, customs brokerage and compliance firm Livingston International, and other software, engineering, public relations and data center firms.
GlenStar bought the CBOT building in 2012 and made a lot of upgrades, including a new 10,000 square foot, 24/7 fitness center, a 24/7 video conference center, a refurbished lobby, a refreshed 12th floor atrium, a soon to debut roof-top deck, and new restaurants and shops, including Mezza Grill and TR Napa Valley, a wine shop and tasting room.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 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.
Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
