CRE News: What We’re Reading the Week of October 31

Each week, The Elevator Speech summarizes news related to some of the key industry trends, buildings, deals and dealmakers that shaped headlines. Here’s what caught our attention the week of October 31:

  • Sara Lee Corp. is considering moving its headquarters to downtown Chicago. The four-story, 304,000-square-foot building at 400 S. Jefferson St. has emerged as a leading contender for its corporate headquarters, along with The Willis Tower and 500 W. Monroe St.
  • A new market report by Grubb & Ellis found that this year’s industrial property absorption is the highest since 2007. The 6.6 million-square-foot positive absorption shows Chicago is still a major distribution hub.

What headlines caught your attention this week? Leave us a comment and let us know.


About BOMA/Chicago

The voice of Chicago's office building industry since 1902.
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