How Coworking is Transforming the Office

Author: Patrick Kiger | June 2, 2014 | UrbanLand
Photo By: WeWork

wework-newyork

Welcome to the world of coworking, a rapidly growing phenomenon that seems likely to have a significant impact on both the economy and development of urban and suburban cores where such spaces tend to be located. Since its beginnings in the mid-2000s in San Francisco, coworking has spread to the point where there are probably more than 1,000 coworking spaces across the United States, according to… Read More…

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Seyfarth Shaw moving to Willis Tower in big space cut

Author: Ryan Ori | April 21, 2014 | ChicagoRealEstateDaily.com

Chicago law firm Seyfarth Shaw LLP is moving to the Willis Tower, shedding about a third of the space it leases in another downtown building. Seyfarth Shaw confirmed it is finalizing a 15-year lease for about 200,000 square feet in the landmark skyscraper at 233 S. Wacker Drive. The law firm plans to vacate about 300,000 square feet at the Citadel Center, 131 S…. Read More…

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MicroOffice / Coalition buys River North Building

Author: Ryan Ori | November 25, 2013 | Crain’s
Photo By: Coalition

coalition-river-north

Bullish on demand for shared office space here, a New York-based investor is paying $5.4 million for a River North loft office building, its second Chicago location catering to new technology firms and other start-ups.
MicroOffice Management LLC has a deal to buy the seven-story building at 405 W. Superior St., as it puts the finishing touches on a Michigan Avenue office condo expected to open to tenants in December. Read More…

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Lightbank Launches A Coworking Space In Chicago

Author: Leena Rao | November 21, 2013 | techcrunch.com
Photo By: Lightbank

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Chicago-based Lightbank, the VC firm started by Groupon investors Eric Lefkofsky and Brad Keywell, is launching a new co-working space at 600 W. Chicago Avenue today, called The Warehouse. The Warehouse will be located within Lightbank’s office space and offers anyone who is starting a company the ability to… Read More…

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WeWork to open West Loop location in former Amity Packing Building

Author: Staff Writer | August 21, 2013 | realestatejournals.com
Photo By: WeWork

wework

Shorenstein Properties LLC has confirmed its acquisition, in a venture with collaborative workspace provider WeWork and locally-based partners Shapack Development and AJ Capital Partners, of 210-20 N. Green St., a former meat processing facility in the Chicago’s Fulton Market district. Terms of the transaction were not disclosed. The 83,000-square-foot, six-story building was built in 1893 and expanded in 1920. It has operated as Amity Packing Co. since 1974 and as a meatpacking facility since it was built. Read More…

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DLA Piper moving to the West Loop

Author: Ryan Ori | July 25, 2013 | ChicagoRealEstateDaily.com
Photo By: Hines

RiverPoint-444-w-lakeThe law firm has a letter of intent to lease about 175,000 square feet, with options to add more, said David Mendelsohn, managing partner of DLA Piper’s Chicago office. The lease is expected to be for floors 9 through 17, he said. DLA is set to join another law firm, McDermott Will & Emery LLP, when the 45-story tower opens in early 2017 along the Chicago River in the West Loop. Read More…

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Pritzker Architecture Prize Goes to Shigeru Ban

Author: Robin Pogrebin | March 24, 2013 | nytimes.com
Photo By: Jean-Pierre Dalbéra

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On Monday, the Japanese architect Shigeru Ban was named the winner of this year’s Pritzker Architecture Prize, largely because of his work designing shelters after natural disasters in places like Rwanda, Turkey, India, China, Haiti and Japan. “His buildings provide shelter, community centers and spiritual places for those who have suffered tremendous loss and destruction,” the jury said… Read More…

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1871 opens as hub for entrepreneurs

Author: Wailin Wong | January 19, 2012 | Chicago Tribune
Photo By: 1871

coalition-river-north

That’s the name of a 50,000-square-foot space that will open this spring on the 12th floor of the Merchandise Mart to house entrepreneurs seeking a collaborative and flexible work environment. Read More…

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OfficeLinks Opens Turn-Key Offices in Chicago’s Sears Tower

Author: Jennifer LeClaire | August 5, 2009 | A Better Office
Photo By: Chad Schroedl

office-links-willis-tower

OfficeLinks is on the move. The provider of next-generation, on-demand office space, videoconference studios and meeting rooms just opened the doors of its first business center in the Windy City. Located on the 84th floor of the iconic Sears Tower, OfficeLinks’ latest serviced office facility offers the Chicago business community next-generation, on-demand options with flexible agreement terms designed to help companies reduce both cost and risk. Read More…

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