Amazon Negotiating Lease at 227 W Monroe

Amazon is in final negotiations to lease office space downtown. The e-commerce giant is believed to be eyeing 30k SF at 227 W Monroe, the taller of the two towers that make up The Franklin.

If a lease can be inked, this would mark a breakthrough for Tishman Speyer, which has spent $30M rehabbing the 60-story 227 W Monroe and its sister building, the 34-story 222 W Adams. Landing Amazon could pave the way for other prospective tenants to call the 2.4M SF complex home, according to Crain's.

It's unknown what jobs Amazon would locate downtown. The company had been busy locking down sites across the area for distribution centers and warehouses at Goose Island and on the South Side. [Crain's]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

Tishman Speyer Retakes Chrysler Building, Plans $235M Renovation

Local Investor Pays $30M For Block 37 In Heart Of Downtown Chicago

Activist Investor Buys Stake In Empire State Building Owner

San Francisco Office Market Climbs, Fueling Demand For Large Blocks, Luxury Space

Major Movie Studio Campus Breaks Ground: The Chicago Deal Sheet

Affinius Relinquishes Big Office Building Next To Capital One Arena

One Thomas Circle, The Elevated Workplace For The Way D.C. Works

Hedge Fund Breaks NYC Record With $375-Per-SF Office Lease

Renewals Dominate In Years-Low Office Leasing Quarter

Bears Stadium Saga Shifts Toward Potential Public Ownership Play

University City Office Market Improves Despite Slow Quarter In Philly

High-Flying Midtown Office Market Back To Pre-Pandemic Health