January 27, 2020
Sterling Bay has extended and expanded the leases of two of its most prominent tenants at the recently-redeveloped 600 W Chicago, built as the Montgomery Ward Catalog Building and now known as Groupon’s headquarters. Big Ten Network (BTN) expanded to 58,185 square feet, up from 11,856 square feet, while chocolate manufacturer Barry Callebaut expanded its Region Americas head office to 56,478 square feet from 39,000 square feet.
“We are not only investing in a larger office space, but also in the features and amenities, such as sit-to-stand workstations and an ideation space in one of Chicago’s premiere buildings, that will enable us to continue to attract and retain the best talent in Chicago and beyond,” said Peter Boone, president of Barry Callebaut Americas.
Sterling Bay EVP Russ Cora negotiated both transactions. Savills’ Robert Sevim and Kelly Givens represented BTN, while David Findling of Cushman & Wakefield represented Barry Callebaut.
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