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32 Resources for

sears tower

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'We have incidents every day'; Sept. 11 had a huge impact on the Sears Tower, Chicago's tallest building. But is it safer?(Focus: Commercial Real Estate)
Byline: CHRISTINA LE BEAU There's no question Sept. 11 changed the Sears Tower. Security officers are everywhere. Large planters outside are clearly more for protection than decoration. And the 25,000 people who work in and visit the nation's tall Byline: CHRISTINA LE BEAU...
Tags: commercial real estate, Sears Roebuck & Co., Sears Tower, security, Sept. 11
Research articles 2006-08-07
Sodexho refutes lawsuit alleging Sears Tower losses
CHICAGO -- Four restaurants in the Sears Tower here lost about $1.1 million in revenues during seven months of operation by Sodexho USA, according to a breach-of-contract lawsuit against the contractor by owners of the nation's tallest skyscraper.
Tags: Sears Roebuck & Co., SEARS TOWER
Research articles 2006-11-13
Carlton plays $780m role in Sears Tower turnaround
The Carlton Group Chairman Howard L. Michaels announced that another major step in the miraculous turnaround of Chicago's iconic Sears Tower has taken place, as Carlton has arranged a $780 million, ten-year, fixed rate refinancing of this world-class, trophy asset.
Tags: Sears Roebuck & Co., Sears Tower
Research articles 2007-02-07
What's in a name? Perhaps $10 mil. Deal opens door to rechristening Sears Tower.(News)
Byline: ALBY GALLUN and DOROTHY KRONICK It's called the Sears Tower now, but for $10 million a year, you can call it anything you like. Once a group of New York real estate investors complete their purchase of the world-famous skyscraper this...
Tags: Sears Roebuck & Co., SEARS TOWER
Research articles 2004-04-19
Tower isn't sky-high; Trizec cuts aggressive rent deals to hold onto tenants.(News)(at Sears Tower)
Byline: ALBY GALLUN The Sears Tower is like an Armani suit that has been moved to the discount rack. The 110-story tower on South Wacker Drive historically has commanded premium rents from image-conscious tenants captivated by its cachet, breat Byline:...
Tags: Sears Roebuck & Co., SEARS TOWER, tenant
Research articles 2003-10-27
Sears Tower in Chicago
An investment group involving New York investors Jeffrey Fell and Lloyd Goldman agreed to purchase the 3.8 million-square-foot Sears Tower in downtown Chicago for about $835 million, or $220/sf. At that price, the buyers' initial yield would be about 7.8%. The partners made a pre-emptive offer about a month before...
Tags: Sears Roebuck & Co., Sears Tower
Research articles 2004-03-17
Sears Tower and QST challenge Com Ed seeking on-site electrical cogeneration and $2 million annual electric savings
CHICAGO--BUSINESS WIRE--April 28, 1997--Energy savings of $2 million per year are at stake for the Sears Tower and its tenants as Commonwealth Edison refuses to allow the installation of an on-site electric cogeneration system, according to a complaint filed today with the Illinois Commerce Commission. If the ICC agrees...
Tags: Sears Roebuck & Co., Sears Tower
Research articles 1997-04-28
SPSS Inc. Moves to Sears Tower; Software Leader's Office Space Expands to 100,000 Square Feet
CHICAGO--BUSINESS WIRE--Aug. 5, 1998--SPSS Inc. is making its move today, as the company relocates its worldwide corporate headquarters to the Sears Tower. Formerly located on five floors at 444 N. Michigan Ave., the leading developer of desktop data analysis software will now occupy the 11th and 12th floors - a...
Tags: Microsoft Office, Sears Roebuck & Co., Sears Tower, software, SPSS Inc.
Research articles 1998-08-05
SPSS Inc. Moves to Sears Tower; Software Leader's Office Space Expands to 100,000 Square Feet
CHICAGO--BUSINESS WIRE--Aug. 5, 1998--SPSS Inc. is making its move today, as the company relocates its worldwide corporate headquarters to the Sears Tower. Formerly located on five floors at 444 N. Michigan Ave., the leading developer of desktop data analysis software will now occupy the 11th and 12th floors - a...
Tags: Microsoft Office, Sears Roebuck & Co., Sears Tower, software, SPSS Inc.
Research articles 1998-08-05
After the attack.(One Year Later; businesses beset by problems a year after the World Trade Center attack)
Byline: JULIE JOHNSSON and SARAH A. KLEIN The Sept. 11 attacks and the months of business paralysis that followed were a brutal, abrupt end to a long run of prosperity. The specter of thousands of people dying in office buildings as they...
Tags: attack, Sears Roebuck & Co., SEARS TOWER, security, Sept. 11, World Trade Center
Research articles 2002-09-09
Big deal: bidders buzzing Sears Tower.
Canada's TrizecHahn, Zell seen as potential buyers of Loop giant The real estate industry's greatest buying frenzy in a decade will soon claim the biggest catch of all: Sears Tower and its 3.4 million square feet of office space. Real estate industry Canada's TrizecHahn, Zell seen...
Tags: mortgage, real estate, Sears Roebuck & Co., Sears Tower
Research articles 1997-10-20
Levy opening Italian in Sears Tower - new Levy Restaurant Mia Torre in Chicago, Illinois - Brief Article
CHICAGO -- The Levy Restaurants' newest venture is Mia Torre, "my tower," in Sears Tower, where Levy has long operated a variety of restaurants.
Tags: Sears Roebuck & Co., Sears Tower
Research articles 1993-08-02
ELECTRIFIED TALK ON POWER OPTION: RULING ON TOWER SHOULDN'T.
The Sears Tower won't get the on-site co-generation power facility its owners wanted, but electricity co-generation remains a hot topic for many other Illinois building owners. For certain kinds of businesses, such as hospitals, food proces ...
Tags: Sears Roebuck & Co., SEARS TOWER
Research articles 1999-07-26
City trophy towers lose their luster; A high profile now makes some tenants nervous.(Brief Article)
The Sears Tower overnight lost at least some of its allure as an office address. After terrorists took down the World Trade Center, the 110-story tower on South Wacker Drive also seemed a potential target, making tenants feel insecure. As a...
Tags: Sears Roebuck & Co., Sears Tower, tenant
Research articles 2001-09-17
Ramius buys slice of Sears loan from BofA.
Ramius Capital has acquired a $100 million junior mezzanine slice of Bane of America's $825 million mortgage on Sears Tower. Ramius Capital has acquired a $100 million junior mezzanine slice of Bane of America's $825 million mortgage on Sears Tower.
Tags: Bank of America Corp., Sears Roebuck & Co., Sears Tower
Research articles 2004-06-25
Illinois companies' investment bankers.
MOST MERGER AND ACQUISITION DEALS According to Securities Data Corp., ABN AMRO Chicago Corp. and Merrill Lynch & Co. acted as advisers for the most Illinois-based companies in M&A deals completed in 1996, with 13 each. The listed firms wer MOST MERGER AND...
Tags: ABN AMRO, LLC, Merrill Lynch & Co. Inc., Sears Roebuck & Co., SEARS TOWER
Research articles 1998-01-01
Sears Tower attracts large tenants to roost.
The recent flood of leases signed by Sears Tower hasn't dried up yet. In the next several weeks, leases for two more big tenants, totaling 165,000 square feet, are expected to be signed. The tenants are affiliates of New Jersey-based Chubb Corp. and The recent...
Tags: lease, Sears Roebuck & Co., Sears Tower, tenant
Research articles 1994-07-11
Levy Group shutters Chestnut Grill, embarks on Sears Tower remodel - Levy Restaurant Group
CHICAGO -- The Levy Restaurant Group has closed two of its older upscale restaurants -- the Chestnut Street Grill and Benchers -- and is in the midst of a major remodeling project with its Sears Tower restaurants.
Tags: Sears Roebuck & Co., Sears Tower
Research articles 1992-02-17
TrizecHahn copes with a towering problem; Tenants on edge despite security.(TrizecHahn Office Properties adds to Sears Tower security)(Brief Article)
The manager of the Sears Tower has the nearly impossible job of soothing skittish tenants even as it adds security checkpoints and 4,000-pound concrete barriers around the base of the 110-story skyscraper. With the world focused on the nation's ta The manager of...
Tags: attack, Sears Roebuck & Co., SEARS TOWER, security, tenant
Research articles 2001-10-08
Late News.
SEARS TOWER TENANT MULLS MOVING OUT Chicago-based John Buck Co. is considering moving its headquarters from the Sears Tower, either to a building it is buying at 222 S. Riverside Plaza or another it is building at 1 N. Wacker Drive, according to s...
Tags: Ameritech, Boeing Co., company, Sears Roebuck & Co., Sears Tower
Research articles 2001-09-24
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