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-   -   Willis Tower for sale (https://www.airlinepilotforums.com/united/86834-willis-tower-sale.html)

APC225 03-05-2015 06:00 AM

Willis Tower for sale
 
"Chicago's Willis Tower, once the world's tallest building, is being shopped to potential buyers.

A potential sale is in the works for Chicago's tallest building, a deal that could fetch almost $1.5 billion and shatter the city's price record amid soaring property values downtown."

http://www.chicagobusiness.com/reale...ch-1-5-billion

APC225 03-05-2015 06:10 AM

Don't know which is worse, UAL buys it at the top of the market and they plead "house poor" for our next contract, or someone else buys it, kicks UAL out, and IT gets to start all over again in another facility.

horrido27 03-05-2015 07:43 AM

^LOL^
It just never ends~
Either way, this can't be good for us (again)

Motch

Blockoutblockin 03-05-2015 07:59 AM

The cost to exterminate cockroaches will be great but necessary.

Grumble 03-05-2015 12:10 PM

Prob not the best time to be buying office space in Chicago.

Exclusive: Chicago nears fiscal free fall with latest downgrade | Reuters

F15andMD11 03-05-2015 04:19 PM

Pan Am had a building, were they the last? The United Tower, I like the sound of it!

cadetdrivr 03-05-2015 04:27 PM


Originally Posted by horrido27 (Post 1837513)
Either way, this can't be good for us (again)

Honestly, I don't think really effects UAL unless the brain trust does something really stupid and buys the building or something.

This will be one large real estate investment partnership selling to different one. All the corporate tenants presumably have long term leases that do not change simply because of a change in ownership.

In fact, since the leases are long-term and stable they make the building marketable for sale in the first place.

prex8390 03-05-2015 05:44 PM

Idc whos buys it, just rename it the Sears Tower so we can move on from this awkward teenage rebellion Willis Tower phase.

flybynuts 03-05-2015 06:03 PM

1 Attachment(s)
I feel this is appropriate.

Firsttimeflyer 03-06-2015 07:26 AM

Maybe Sears will buy it back...they should be able to afford it since they make so many of their tools in China now...


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