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Fieldwork Sticks With the East Loop

CHICAGO—Rents are beginning to go up, and many companies have decided now is the time to sign long-term leases and lock in relatively low rates.

By Brian J. Rogal | Updated on October 26, 2014

CHICAGO—Rental rates are going up throughout the CBD, perhaps not dramatically, but an upward trend has definitely set in, and before the reviving economy pushes rents even higher, some office tenants have decided to sign long-term renewals long before their current terms expire.

Fieldwork, Inc., for example, a provider of market research services and focus group facilities, has just extended its commitment at 111 E. Wacker Dr. With a little less than two years remaining on its lease, the company has signed a long-term renewal for its 16,041-square-feet of space. The company occupies the 2nd floor of the building, which functions as its national headquarters and a focus group space.

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