Quote:
Originally Posted by 10023
That's it. It's not really a stamp of approval for the downtown market vs. any other market in the metro area. And investment banks open satellite offices, but they don't just up and move cities. So basically as long as there is a William Blair & Co., it will be headquartered in downtown Chicago.
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I actually was comparing the desire to expand in Chicago vs. other downtowns across the world, not Chicago vs. suburbs.
If you look at the trends here, most of the companies moving to new class A+ space actually
reduce their space requirements by more efficient use of space, even if they are looking to hire more workers down the road. This is an example of a company taking a good amount of new space, despite the trend - that was my point. Hiring a good number of new downtown workers is obviously in their future.