Beam Suntory Is The Latest Company Plotting A Downtown Move

Motorola Mobility, which vacated 200k SF in Merchandise Mart in a downsizing last year, may be close to landing another company to fill the space. Liquor conglomerate Beam Suntory is eyeing subleasing 100k SF from Motorola Mobility and moving its 500 employees from Deerfield to downtown.

Beam Suntory has called 510 Lake Cook Rd in Deerfield home since 2011, according to Crain's. If the deal is sealed, it would further position Merchandise Mart as an epicenter for companies seeking to attract and retain younger talent. The building is already home to the tech/startup incubator 1871 Chicago. ConAgra is moving its HQ to Merchandise Mart from Omaha. Motorola Mobility previously subleased 90k SF to software company VelocityEHS. [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

Law Firms Drive Boston Office Rents To Record Highs

3 Houston Office Properties, Vacant To Nearly Full, Change Hands

Deutsche Hypo Finances Zadelhoff's Amsterdam Offices With €75M Loan

Workers At 6 Chicago Hotels Go On Strike Ahead Of Chicago Marathon

SFF Realty Partners Extends Spending Spree With $82M Acquisition In Downtown San Jose

Years Later, Millions In Chicago Housing Projects Remain Unbuilt

Drawbridge Realty Acquires 180K SF Office Building In Sunnyvale For $219M

Downtown Los Angeles Retail, Office Hub The Bloc Up For Sale

Distress Divide: How Private vs. Institutional Investors Are Thinking About D.C. Office

Interest Rate Hike Douses Outlook For Atlanta Developers

Chicago Office Deals Feature More Scrutiny, Added Tenant Protections

Tishman Speyer Retakes Chrysler Building, Plans $235M Renovation