Boots And Sabers

Willis Tower?

By - Mar 12th, 2009 11:17 am
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This will be hard to get accustomed to.

Sears Tower will change its name to Willis Tower this summer, under the terms of a lease signed by global insurance broker Willis Group Holdings.

Willis Group plans to consolidate five area offices and move nearly 500 associates into Willis Tower, at 233 S. Wacker Drive, initially occupying more than 140,000 square feet on multiple floors.

London-based Willis said that its move to the new space, at $14.50 per square foot, will reduce its real estate costs significantly and that there is no additional cost associated with renaming the building.

Categories: News & Views, Politics

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