CHICAGO—As reported in Crain's, ConAgra is expected to leave its space in Naperville and lease 200,000 square feet in the Merchandise Mart, and become the latest major corporation to make the decision to migrate from the suburbs to the CBD. And as the downtown prepares for the opening of several new office towers beginning in late 2016, leasing experts say that the trend will probably accelerate.

“These companies are all looking to attract the young workers who have no intention of moving to Lisle,” Eric Myers, a principal with Avison Young, tells GlobeSt.com. He specializes in landlord representation and was not involved in the ConAgra transaction. “And they are not doing this to keep up with the Jones'; for many of them moving downtown has become a necessity.”

And although Motorola Mobility, which left north suburban Libertyville in 2014 for 604,000 square feet in the Merchandise Mart, is probably the most notable company to recently vacate suburban office space in favor of the city, Myers says this is not primarily a tech phenomenon. Instead, it's a cross-section of firms that want to use spaces in ways popularized by tech-oriented companies. That means more open spaces organized in a cooperative manner, and with access to outdoor amenities and close to public transportation.

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Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.