Who Loses With The Willis Tower?

With The Willis Group moving hundreds of its employees into the Sears Tower and changing the name to Willis Tower, there are a lot of people shaking their heads.  Not just because of the name change, but because it’s going to leave a bunch of buildings with hundreds fewer people in them at a time when it’s tough to lease office space. The big losers are: 10 South LaSalle Street  The Unitrin Building (One East...

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Willis Tower Official Release

Here’s the text of the official press release about the Sears Tower becoming Willis Tower. Willis Group Holdings to Move Chicago Area Offices to Sears Tower;Building to Be Renamed Willis TowerGlobal Insurance Broker Will Occupy Multiple Floors in Iconic Building This Summer New York, March 12, 2009 – Willis Group Holdings (NYSE: WSH), the global insurance broker, today announced that Willis will become a new tenant of Sears...

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It’s Official: Sears Tower to become Willis Tower

Yesterday we told you about the article in the Wall Street Journal that stated if The Willis Group decided to consolidate its regional offices in the Sears Tower instead of the Citigroup Center that the building would be renamed Willis Tower.  Well, it actually happened. The Willis Group is moving 500 employees from a several other buildings into the Sears Tower and it got the naming rights in the process. Willis is paying...

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