Tag Archives: renovation

Open air on the 28th floor? Inside 200 West Jackson

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After the 2015 purchase of the 28-story building at 200 West Jackson, new owners White Oak Realty Partners and Angelo Gordon had a challenge: reinvent a tired, Class B tower for today’s discerning tenants. The task was especially tough with an occupancy rate below 60 percent.

Click below for our Project Profile on 200 West Jackson, a 483,340-square-foot office tower where new ownership turned it up a notch.

200 West Jackson
Joining the building team soon after, JLL collaborated with ownership to enlist the services of Wright Heerema Architects and Morgan/Harbour Construction to envision and execute on an extensive, Class A renovation that touched 27,876 square feet of the building’s common areas. This sometimes-disruptive construction process required creative solutions to ensure continued tenant satisfaction, including regular communication and weekly happy hours—a tenant favorite.… Read More

How to boost rent by $7 p.s.f. and improve your golf swing

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Just six months after acquiring the 1970s-style Class B property at 222 South Riverside Plaza in 2014, ownership kicked off a transformational renovation with the close involvement of JLL’s agency leasing, project management and property management teams. The project has already experienced tremendous success and is poised to add value to ownership’s investment long after its 2017 completion.

Click below for our Project Profile on 222 South Riverside Plaza. The West Loop tower’s $50 million renovation was featured in the Chicago Tribune and continues to make a major impact on tenant renewals and rental rates.

222 South Riverside Plaza

In a strategic re-use of formerly obsolete space, the team chose the back of the lobby for the new tenant lounge, as the former ground-level retail was not a desirable location for a tenant. The multi-disciplinary JLL team played an integral role in shaping plans and facilitating efficient, clear communication around the specs and schedule of construction.… Read More

Change of Plans: The Evolution of Law Firm Office Space

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Change of Plans

Like all other sectors, the legal industry is faced with changing demands around how it conducts business, interacts with clients and attracts and retains talent. More than 100 law firm leaders joined JLL this morning at Rustle & Roux to discuss what law firms need to do to stay competitive and how that is reflected in their real estate.

JLL research guru Christian Beaudoin set the stage, reinforcing the importance of law firms in the downtown office landscape. Law firms represent 42 percent of pre-leased space in Chicago’s new office towers under development, highlighting a subtle shift in tenant demand to the north and west. While 75 percent of JLL corporate clients have adopted open plan workspaces, what’s really going on inside law offices?… Read More