It's not easy being an aging trophy skyscraper.Good luck.
The 110-story Sears Tower may be the nation's tallest building but, pride aside, it is still struggling to move out from under the cloud of being a possible target for terrorists.
And the West Loop, which the Sears Tower anchored when it was built in 1973, has since transformed from an out-of-the-way neighborhood of old factories and buildings into one of the hottest locations for new towers -- its main competitors.
Some prestigious tenants have moved out prior to expiration of their leases or are looking for new space.
As a result, Sears Tower is engaged in an all-out push to retain and attract tenants. About 23 percent of its 4 million square feet is empty or available to lease, up from 3 percent when the 2001 terrorist attack on New York's World Trade Center caused tower tenants to flee.
Sunday, August 12, 2007
Sear's Tower has Space to Rent
The Chicago Tribune reports: