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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    ONE MILLION SF OF POSITIVE ABSORPTION

    At 300,584 sf of positive absorption for the third quarter, the growth in the CBD was commensurate to that which we have seen through the first two quarters of 2014. Year-to-date the CBD has experienced roughly one million sf of positive absorption. Through three quarters, the positive absorption in the Chicago Business District has already outpaced the most recent peak absorption figure in 2011 and, if current pace holds, will exceed the 2012 & 2013 figures combined.
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    SPICKLEMIRE PROMOTED TO SVP/MANAGING DIRECTOR

    Congratulations to Sarah Spicklemire who was promoted to SVP/Managing Director of Leasing Services. She was named the first female and youngest managing director of MB Real Estate.- VIEW DETAILS

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    MB REAL ESTATE SUPPORTS CHICAGO POLICE MEMORIAL FOUNDATION

    MB Real Estate is pleased to announce that 181 West Madison will host a Horse of Honor. The horse located at the firm’s headquarter building is named after fallen officer Clifton P. Lewis. Click below to read more about his story.
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