Home Local State receives two bids to buy Thompson Center, its polarizing Loop headquarters

State receives two bids to buy Thompson Center, its polarizing Loop headquarters

by staff

Chicago was in the midst of a commercial real estate boom when Pritzker signed a bill in April 2019 authorizing the sale, but then came the coronavirus pandemic, which sharply drove down demand for downtown commercial space. The vacancy rate in the central business district now is at a record 19%, according CoStar Group, a real estate data firm.

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