Global insurance broker, Willis Group Holdings, announced that as part of the deal to lease multiple floors in the Sear's Tower, the name of the building will change to Willis Tower. The announcement on the Willis Group website mentions the space is being leased for $14.50 per square foot. That's about half of what condominium space in the heart of the city was going for before the economy fell apart. At these prices, I may have to see about an apartment in the building.
Regardless of the name change, I suspect the majority of people will still refer to the building as Sears Tower for some time to come.
won't there be some sort of backlash and negative feelings by chicagoans? or is it all part of big business.
nice shot, btw.
Posted by: vanessa | 14 March 2009 at 10:43 AM