The Sears Tower will soon be Willis Tower. Photo by Brian Byrne.
Vacancies in retail and office space are one indicator of the overall economy so it's not surprising that in the Chicago area, “emptiness” is up. There have been a couple of positive developments in the market. The Willis Holdings Group just famously signed a lease on a bunch of space in the Sears Tower, and got naming rights. Could rentals like these be signs of an uptick in the commercial real estate market or simply an anomaly?
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