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February 2020

Found 1 blog entry for February 2020.

The West Loop has two big changes happening at 500 W. Randolph block. New York investment trust W.P Carey plans to build a 100,000 square foot establishment at 150 N. Clinton Street. The development will happen on a vacant lot which happens to be next to their 7-story loft building. W.P Carey has been a longtime office landlord in the area and currently occupies the 550 W. Randolph Street building. This property is 227,500 square feet and only has had 1 occupant for 30 years, IRI Data Analytics firm.

Once IRI lease expires at the end of 2020, W.P Carey will begin massive renovations and make the building more modern for potential tech companies to occupy after completion. A spokesperson for the company claims that they will break ground early 2021

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