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The bidding war: I’m ready to change the way we think about the real estate leasing business

  By Howard Ecker I’d like to change the game. Change how tenants and how brokers think about the real estate leasing business. Actually, how the world thinks about the real estate leasing business. My plan? I’d like to propose a bidding process for potential clients, and then let the best person, combined with the [...]

Property taxes up at biggest buildings in Cook County

Prices of the area's biggest commercial properties keep rising, and so do their taxes. Property taxes rose at nine out of the 10 commercial properties in Cook County with the highest bills in 2013, according to the Cook County Treasurer's Office. That's similar to the 2012 tax year, when tax bills also mostly rose for [...]

Riverview Realty Partners Announces Lease Expansion With SmithBucklin Corp At AMA Plaza

Riverview Realty Partners announced today that ContextMedia, Inc. and SmithBucklin Corporation, have entered into lease agreements at AMA Plaza, 330 North Wabash, in downtown Chicago with an affiliate of Riverview. The lease with ContextMedia, Inc. provides for it to lease the entire 25th floor of AMA Plaza, consisting of 32,650 rentable square feet, to house [...]

Startup Culture Inspires Changes In Traditional Chicago Office Spaces

Chicago office spaces originally suited for law and accounting firms are being repurposed to attract tech startups and the firms who want to emulate that culture, says Howard Ecker, whose eponymous Chicago-based firm, founded 38 years ago, matches tenants to space. He described to Blue Sky some ways startup culture is impacting the local commercial [...]

Step Into BDO USA’s Bright, Green, Collaborative Home

Ken Mooney, executive director of ops, shows us inside 330 N. Wabash, BDO USA’s Ludwig Mies van der Rohe–built, Gensler-designed space for traveling accountants. Hoteling BDO’s accountants are often on the road, so desk assignments shift depending on who’s around. Storage lockers allow employees to set up shop when they’re in, while touch-down work stations [...]

Peppercorn Capital LLC Secures Sought After Lake Street Property

Peppercorn Capital LLC, a Chicago-based real estate investment and development company, recently purchased the Trainor Glass Company showroom on the corner of Lake Street and  Sangamon. The firm closed on a lease that includes three separate 5,000-square-foot-buildings located at 939 W. Lake Street for Chicago-based tenant, Minimal. The design company is moving from its current [...]

BDO USA Leases 33,267 SF At 330 N. Wabash

BDO USA LLP, an accounting and consulting firm, signed an 11-year lease for 33,267 square feet in the office building at 330 N. Wabash in Chicago, IL. BDO’s office space encompasses the 32nd floor and commences on December 1. Future tenants in the building include the American Medical Association, which will move into 273,000 square [...]

Prime Group Realty Trust Announce Lease with SmithBucklin

Prime Group Realty Trust has announced that SmithBucklin Corp. has executed a lease agreement and will relocate its Chicago headquarters to 330 N. Wabash Ave. in January 2013. SmithBucklin is leasing approximately 111,081 rentable square feet in the building. The building was designed by architect Mies van der Rohe and completed in 1971. It was [...]