Thank you for sharing!

Your article was successfully shared with the contacts you provided.
chi-presidents-plaza (2) Presidents Plaza recently had $15 million in upgrades, but the new owners plan to make additional changes.

CHICAGO—The office market around O’Hare Airport has fully recovered from the recession, but it looks like there is room for even more improvement. A JLL team recently helped complete the $147 million sale of Presidents Plaza, a pair of class A office buildings at 8600 and 8700 W. Bryn Mawr Ave., and even though its occupancy has increased in the past few years from just above 50% to 92.4%, the new owners still have big plans for the property.

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.

More from this author


Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.