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River North Home to WeWork, Salesforce Sells for $75M

One Eleven west Illinois in River North, home to WeWork and Salesforce
Photo credit: CoStar

Munich-based GLL Real Estate Partners plunked down $75M for One11 West Illinois, the 10-story, 228k SF office and retail space in River North at 111 W Illinois St that's home to one of WeWork's Chicago locations as well as Salesforce.com. CLL executive Christian Goebel said the building's location, the quality of the tenants and the building itself were major attractions. One11 West Illinois is 99% leased, leaving it with one of the lowest vacancy rates in the competitive River North office market.

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