Where Have All The Big Tenants Gone?

The John Buck Co's Bill Truszkowski says leasing is finallypicking up again in the CBD, and the West Loop is the place to be. Care to challenge that, or at least let him argue his side? Bill is one of the speakers on the landlord side of our Chicago State of Leasing Summit next Wednesday, April 13, at the Metropolitan Club.
 
Bill (who leases 111 S Wacker, 155 N Wacker, and 142 E Ontario) says there's tight supply for Class-A buildings in the West Loop, particularly in the high-rises. And with no new construction planned, this tight supply is likely to continue.” With 13% vacancy remaining, JBC is on track to complete leasing at 155 North Wacker by the end of the year. Bill has recently found success leasing spec suites. Also, construction pricing (which has fallen by 18% to 20% in the last 24 months) has helped landlords keep the cost of TIs reasonable. To hear Bill, plus Hines SVP Tom D'Arcy, Colliers principal Drew Nieman, Transwestern Investment Services Group managing director Tom Gorman, UGL Services EVP Scott Goldman, and more, be sure to sign up for our April 13 Chicago State of Leasing Summit.

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