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Chicago & Midwest  + Downtown  + Office  |  December 12, 2019
Paul Bubny
By: Paul Bubny

CushWake Brokers Sale of Library Association HQ

The American Library Association (ALA) has sold its headquarters buildings at 50 E. Huron and 40 E. Huron in River North, in a deal brokered by Cushman & Wakefield. Terms weren’t disclosed.

ALA plans a spring 2020 move for its Chicago-based functions to Michigan Plaza at 225 N. Michigan Ave. The association has occupied 50 E. Huron since 1963; it added 40 E. Huron in 1981.

In September 2018, ALA put its headquarters up for sale after working with Cushman & Wakefield to evaluate its workplace requirements.  Cushman & Wakefield’s assessment showed that the current headquarters configuration, on multiple floors in two buildings, makes collaboration difficult and potentially stymies innovation.

“Of course, it is bittersweet to be leaving our home of so many decades,” said ALA president Wanda Brown. “But ALA is focused on the future and is optimistic about all that it holds.”


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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