MB Real Estate
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    181 W. MADISON RECEIVES $186,750 REBATE CHECK FROM ComEd

    181 W. Madison participated in replacing an existing 23-year old 1,100 ton chiller with a new energy efficient 1,350 ton chiller. The new chiller will result in a an annual savings of $20,000 with another $7,000 in savings due to a reduction in the maintenance contract. Additionally, the rebate from ComEd has reduced the overall cost of the project by 21%.
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    ANTICIPATING STRONG PERFORMANCE

    Vacancy rate in the CBD continues to fall as the second quarter follows up on the positive absorption of the first. Central Loop and West Loop properties were the main contributors to this positive growth. Demand in the downtown market appears strong with the record-breaking sale of 300 N. LaSalle and continued pre-leasing activity for new developments. MBRE anticipates the strongest downtown Chicago CRE performance since 2008 throughout the rest of this year.
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    TEAL LIGHTS CAMPAIGN KICKS-OFF AT 181 WEST MADISON

    MB Real Estate is pleased to be participating in “Teal Lights” awareness and celebration campaign for the National Ovarian Cancer Coalition (NOCC) and Ovarian Cancer Awareness Month. Between August 25 and September 27, 2014, 181 W. Madison will use teal lighting to promote the NOCC’s mission of spreading ovarian cancer education and awareness.- VIEW DETAILS

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    TECH SECTOR ACTIVE BUT NOT EVERYTHING

    Recent headlines have highlighted the exponential growth and the vast potential of the technology sector in Chicago. While developments to this end have been significant, and while technology has found a receptive place in Chicago’s diverse economy, it still isn’t necessarily the predominant driver of the current marketplace.
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