The exodus of big name corporate tenants from Chicago’s fringes to the Windy City’s central core continues. Sporting goods manufacturer Wilson has penned a deal to relocate 400 jobs from its offices on the city’s far northwest side near O’Hare airport to downtown’s iconic Prudential Building at 130 E. Randolph St.
The Chicago Tribune reports that the company signed a 12-year lease for space on the 41-story tower’s fifth and sixth floor. The deal will also see the addition of Wilson’s red corporate branding added to the building’s exterior just above street level. The move from O’Hare’s Triangle Plaza will reportedly take place in December of 2017.
The older of the two skyscrapers that comprise Prudential Plaza, Wilson’s new home sported the highest roof in Chicago when it was completed in 1955. Following the departure of tenants Peoples Gas and Baker & McKenzie, One Prudential Plaza found itself only 20 percent leased just a few short years ago.
The property’s New York-based owner 601W Companies has since remedied the building’s lack of tenants thanks to a $40 million overhaul that included the addition of a new communal lounge and outdoor space. With the signing of Wilson, the tower expects to be 85 percent occupied.
- Wilson Sporting Goods moving headquarters, 400 jobs to Prudential Plaza [Chicago Tribune]
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