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Case Study

Major overhaul leads to a fully leased, up-market asset

Struggling with a deteriorating, dated 25-story office building in need of a major renovation, the American Dental Association (ADA), owners of 211 East Chicago Avenue, tapped Jones Lang LaSalle to reinvigorate the asset.
 
Our firm oversaw the design, bid and management of multiple major construction projects: a $35 million demolition, abatement and build-out of eight full floors; a $2 million renovation of vacant space into rentable office/tenant space with ADA Call Center, employee lounge and learning center; a $1.2 million elevator modernization project; and a $600,000 upgrade of the building’s conference and meeting center.
 
Jones Lang LaSalle also restacked tenants to meet their needs, established standard service contracts and a bidding process for building services designed to lower building costs, renewed all existing tenants and successfully filled all vacant space.
 
These efforts have both brought the building up-market and resulted in cost-savings for the owner. 211 East Chicago is fully leased, its renovation has been completed on-schedule, and building costs have been substantially reduced.

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