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Chicago & Midwest  + Chicago + Downtown  + Office  |  October 24, 2021
Paul Bubny
By: Paul Bubny

Milwaukee Tool Leases 70K SF at Old Post Office for First Chicago Space

Milwaukee Tool has signed a lease for nearly 70,000 square feet at 601W Companies’ redeveloped Old Post Office in the South Loop, according to published reports. It will be the first Chicago office for the Brookfield, WI-based manufacturer, which is set to occupy the space in 2022. 

“Milwaukee Tool is a company built on innovation, so they needed an environment intended to foster that innovation and continue to support their company’s growth,” said JLL EVP Jamie Wallenberg said in a statement from 601W.  

Wallenberg, JLL senior managing director Steve Steinmeyer and associate Isabelle Montagne negotiated the lease on behalf of Milwaukee Tool. A Telos Group agency leasing team of Jamey Dix, Matt Whipple and Daniel Heckman represented 601W. 

Crain’s Chicago Business reported that the lease by a newcomer to Chicago is welcome news for downtown  landlords, who have seen office vacancies climb to all-time highs during the pandemic. 

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JLL's WallenbergTelos Group

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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