Shiny New Shadow Space

The biggest contiguous vacant high-rise space in the CBD is getting a makeover, and its owners have money for TI. The 11-floor,370k-SF space at the top of 330 N. Wabash already has a new fire safety and security system, and is set up for new HVAC, elevators, and possibly even a private lobby for the right tenant. We talked with Prime Group Realty Trust's Jeff Patterson  and Susan Hammer yesterday, who told us they refinanced the building in 2008 when they sold floors 2-13 to LaSalle Hotel Properties.
The open floors were vacated by Jenner & Block at the end of 2009 and sport  floor-to-ceiling windows, which were a major luxury when the building went up in 1973. The floor ventilation units will be replaced by a state-of-the-art ceiling system, creating more than 2k SF of extra floor space per floor. Signage and naming rights are also available for the former IBM Plaza. Just this week the building received LEED-EBOM Silver certification. If that's not impressive enough for your clients, you might also want to tell them that the building set the scene as Wayne Industries headquarters and Gotham City Hall in The Dark Knight.

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

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Morningstar Releases New Details On Over 350K SF In Q3 Office Leases

New Bears Stadium Proposal Floated For Bridgeport

Prologis To Develop 3.8M SF Industrial Park On Former Casino Site

Foundry Robotics Leaves San Francisco For New East Bay HQ

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

$120M Ambulatory Center Planned For Suburbs: The Chicago Deal Sheet

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

Obama Center Shows Chicago Is Starved For Development

Mapped: Major Chicago Office Sales Since 2024

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC