Morton Salt To Become River Point's Newest Tenant

Hines Interests' two new office towers being constructed in the West Loop continue to gain momentum as one is rumored to be in serious talks with Morton Salt. Chicago-based Morton Salt is said to be looking at 52k SF on two floors in the 52-story River Point tower at 444 W Lake St. Hines Interest senior managing director Greg Van Schaack wouldn't confirm the deal, but did confirm River Point's newest tenants, Allstate and LEK Consulting, which signed leases for 13k SF and 26k SF, Crain's Chicago reports. 60% of the 1.1M SF River Point, part of a venture between Hines, Ivanhoe Cambridge and Chicago businessman Larry Levy, is already leased up. Law firms McDermott Will & Emery and DLA Piper are anchor tenants, and Mead Johnson Nutrition is relocating its headquarters to 75k-plus SF there. [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

Why Top-Secret Facilities Are Permeating Greater D.C.'s Office Market

DivcoWest Sells Glendale Office Building For $70M

California Investor Scoops Up Amazon Warehouse: The Chicago Deal Sheet

Hines And Rialto Close Office Credit Fund At $1.1B

How Crystal Lake 'Connects The Dots' To Building Complete Community

Rig Collapse At Citadel HQ Site Sends 4 To Hospital

Northern Virginia Office Tower Sells For Double Its 2024 Price

Oxford Properties' U.S. Investment Head On Why It's Buying Office Again — And Where

Brandon Johnson Seeks Second Term Amid Strained CRE Relationship

Fertility Provider Opens Clinic At 1900 Lawrence Office Tower: The Denver Deal Sheet

Office Revenues Are Failing To Keep Pace With Expenses

Security Tech Firm Plans Loudoun HQ Move: The D.C. Deal Sheet