GlenStar Signs Another E. Loop Tenant

CHICAGO—The East Loop has suffered the loss of some key tenants recently, but GlenStar Properties has kept adding tenants to its refurbished office space at 55 E. Monroe, in addition to completing the sale of 215 condominiums on the upper floors of the building. Regus, the world’s largest shared office center operator, just became the latest company to sign a long-term lease, and will occupy 21,000-square-feet starting in January 2015.

“The popularity of, and demand for, shared and collaborative work environmentsis growing exponentially,” said GlenStar’s Christian Domin in a prepared statement. He was not available at press time, but GlobeSt.com will provide an update. “Regus is the leading the way worldwide and we are pleased they have chosen 55 as their latest location.”