January Edition: Who is ready for some good news?
• The Chicago Loop sees recent office activity, regardless of turbulent Covid pandemic. Amazon has signed an expansion lease (see below.)
• Additionally the Old Post Office secured an $830 million loan. According to Crain’s, “The massive refinancing reflects the value that 601W has injected into the building with an impressive roster of new tenants, defying a broader leasing slowdown with the COVID-19 pandemic accelerating the rise of remote work.”