Skip to content
Homepage
  • Market
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Real Estate Awards
  • Login/Register

Old Post Office lands another tenant, Federal Home Loan Bank of Chicago

May 17, 2019
Share on Facebook Share on Twitter Share on LinkedIn Share via email

The Federal Home Loan Bank (FHLB) of Chicago is reportedly in discussions to lease approximately 125,000 square feet in Chicago’s Old Post Office. New-York-based 601W Companies is in the midst of an $800 million renovation on the 2.8 million-square-foot, Art Deco building, with the first tenants scheduled to move in by September.

According to a report in Crain’s, the Chicago FHLB is looking to relocate from its current offices in the Aon Center. This lease, which comes just one day after reports of tech firm Uber looking to move into the massive building, would be an expansion for the government-sponsored bank as it now occupies about 96,000 square feet in the Aon Center.

Steve Smith, Jamey Dix and Daniel Heckman of The Telos Group are the brokerage team tasked with bringing tenants to the rejuvenated property. Firms that have confirmed leases in the building include Walgreens, Ferrara Candy, the Chicago Metropolitan Agency for Planning, AbelsonTaylor and Kroger subsidiaries Home Chef and 84.51°. If the deals with Uber and FHLB Chicago move forward as reported, the Old Post Office would have more than 1 million square feet of office space pre-leased.

601W Companies acquired the iconic property in 2016 and tapped architecture firm Gensler to draw up a vision for the building’s second life, including the addition of a food hall, a new riverwalk and a 3.5-acre, tenant-accessible rooftop. Construction on second-floor amenities that include a fitness center, lounges and a conference space are on track for a June completion.

Tags
601w companies84.51°AbelsonTaylorChicagoferrara candygenslerhome chefIllinoisKrogerofficethe Chicago Metropolitan Agency for PlanningThe Federal Home Loan Bank of Chicagothe telos groupUberwalgreens
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
MichiganOffice

Gerdom Realty & Investment closes 10,000-square-foot office building sale in Michigan

April 14, 2021
IllinoisIndustrial

Darwin/CORFAC brokers industrial sublease in Bedford Park

April 14, 2021
TexasIndustrial

CA Industrial and DWS team up to purchase properties in Dallas and Phoenix

April 14, 2021
IllinoisIndustrial

Dalfen Industrial purchases industrial property in Aurora

April 14, 2021

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Office Locations
© 2021 REjournals.com