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Saxbys Inks 10-Year Lease in West Loop

CHICAGO-Coffee franchiser Saxbys Coffee & Tea signs a 10-year lease in the city's West Loop. This marks the first of eight leases to be signed in Chicago.

By Dana Dubriwny | Updated on April 28, 2005

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CHICAGO-Colorado-based Saxbys Coffee & Tea recently signed a 10-year, 1,000-sf lease at 180 N. Jefferson. Located in the West Loop’s Fulton River District on Jefferson and Lake streets, the recently completed building stands at 28 stories and offers 274 rental units, a 279-car parking garage and 7,800 sf of retail space on the ground floor. The building also sits adjacent to the new CTA headquarters, which is estimated to employ more than 1,000 workers.

Lisa Carolan, an associate with CB Richard Ellis who worked on behalf of 180 N. Jefferson, says the Saxbys’ long-term commitment gives further evidence to the West Loop’s renaissance, as well as the company’s dedication to growth in the Chicago market.

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