
Library Association Puts HQ Buildings on the Block
The American Library Association is putting its headquarters buildings at 40 and 50 East Huron St. on the market, and has been working with Cushman & Wakefield to evaluate its workplace requirements. Next steps will include determining the headquarters’ current market value, and opportunities to buy or lease space elsewhere in the downtown area.
“ALA headquarters are an important part of our history, and have served members and staff well,” said ALA president Loida Garcia Febo. “But, just as our communities, our libraries, our work lives have changed, so have the needs of the association—including those of our workplace.”
The association’s executive board and management have engaged in a review of how to strategically utilize ALA headquarters real estate. Among other findings, Cushman & Wakefield’s assessment showed that the current headquarters configuration, on multiple floors in two buildings, makes collaboration difficult and potentially stymies innovation.
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition
- ◦Lease