http://www.chicagobreakingbusiness.c...lis-tower.html
Published on April 19, 2010 4:01 PM
By Becky Yerak
Thoma Bravo is becoming the second private equity firm in the past year to move out of Willis Tower, formerly known as Sears Tower, and into a new office building at 300 N. LaSalle. About a year ago GTCR Golder Rauner LLC also left Willis for 300 N. LaSalle.
"Our 10-year lease was up, and we felt that the quality of the Sears (Willis) Tower had dropped," a Thoma spokesman said.
He also cited other factors: inconvenient security for visitors; tourists now allowed in what had been the business lobbies; and "poor maintenance" of many common areas.
"At the same time, many members of our
staff preferred to be north of the river and 300 North is becoming somewhat of the new private equity neighborhood," he said.
Thoma has been in 9200 Sears Tower. At 300 N. LaSalle, it will be in suite 4350.
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