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MidwestCRE

WeWork leases former Amalgamated Bank HQ space in Chicago’s Loop

Staff Writer April 2, 2017
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Tishman Realty and AXA Investment Managers have signed a lease with WeWork at 100 S. State Street, currently under redevelopment in Chicago’s famed Loop neighborhood.

WeWork will occupy all of the space on the third, fourth and fifth floors of the property with its members utilizing a dedicated entrance on the north side of the building along Monroe Street.

Tishman Realty and AXA IM – Real Assets, purchased the iconic former home of Amalgamated Bank at 100 S. State Street and 112 S. State Street, the building next door, last March.

The redevelopment project includes a gut renovation of 100 S. State Street and a tear-down and rebuild of 112 S. State Street to create one unified 70,000 square foot building. The new building will also include 28,000 square feet of retail space on the first two floors split among three to five tenants, each of whom will have their own dedicated entrance.

Paul Bryant and Andrew Becker of Mid-America Real Estate Corporation has the retail leasing assignment for the property.

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