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Cook County Leases 106K SF for Temporary Office Space
Cook County is moving hundreds of downtown employees to a Loop office tower for several years as it renovates its own workspaces, Crain’s Chicago Business reported. The county has leased 106,472 square feet across five floors at CBRE Investment Management’s 161 N. Clark St. as part of the larger plan to modernize offices in three nearby buildings.
Nearly 600 employees are slated to work out of the new space on a relatively short-term deal that runs through September 2026, freeing up offices in the Richard J. Daley Center, the George W. Dunne Building at 69 W. Washington St. and the County Building at 118 N. Clark St. to undergo major renovations.
Crain’s reported that the lease helps fill available office space in the central Loop at a challenging time for office landlords, with the rise of remote work pushing the downtown office vacancy rate to an all-time high.
- ◦Lease