Willis Tower Tenant Roster Grows
December 13, 2018
WILLIS TOWER TENANT ROSTER GROWS WITH NEW MOLEX OFFICE, BRINGING BUILDING OCCUPANCY RATE TO 95 PERCENT
CHICAGO, DECEMBER 13, 2018 – Today, EQ Office, the U.S. office portfolio company wholly owned by Blackstone’s real estate funds, announced Molex, a globally recognized provider of electronic solutions, has opened an office in Chicago’s iconic Willis Tower.
Molex is a world-class manufacturer of electronic, electrical and fiber optic interconnection systems with customers in a variety of industries including datacom, consumer electronics, automotive, industrial and medical, among others. With a growing business and rapidly expanding team, the company has opened its fifth location in Illinois following a search for a larger space with first-class amenities that would appeal to today’s workforce.
“We are thrilled to welcome Molex to the Willis Tower community,” said David Moore, Senior Vice President and Portfolio Director at EQ. “Molex has an impressive history of innovation and development, making the organization a wonderful addition to our growing neighborhood. With the addition of Molex, we’re able to announce that we are approximately 95 percent leased at the Tower, a positive milestone as we progress through our redevelopment.”
The Molex location opened in August 2018 and includes a 20,000 square-foot office with capacity for 110 employees. The newly renovated space on the building’s 57th floor features modern décor and sprawling views of the Chicago skyline.
“Today’s employees want to work in an environment that inspires, enlightens and engages them,” said Joe Nelligan, Chief Executive Officer, Molex. “In Willis Tower, we found a new space that checked all of these boxes, which will ultimately help in our employee retention and recruitment efforts in the city of Chicago.”
Willis Tower is currently undergoing a $500 million renovation plan, the biggest restorative transformation project in the building’s 43-year history. This will include the addition of Catalog, a five-story dining, retail and immersive-entertainment experience, located at the base of Willis Tower. Catalog is part of the more than 300,000 square feet of new retail, dining and entertainment space that will include new dining options like Shake Shack and Sweetgreen, along with 150,000 square feet of new space for tenant use within the Tower and a 30,000 square feet deck and garden.
For more information on the redevelopment project and available tenant space, visit www.WillisTower.com.
About EQ Office
We are EQ Office. While other real estate owners talk about square footage and floor plans, we focus on the experience; how space feels, activates and performs. At EQ, we partner with business leaders to find, design and manage balanced workspaces with the intention of helping to inspire talent. We’re proud to work hand-in-hand with customers of all sizes from Fortune 100 companies to emerging startups to bring humanity back to the work place. Our diverse team of over 200 professionals is responsible for creating inspired office environments in cities across the country including Chicago, New York, Los Angeles, San Francisco, Seattle and Boston. What began as Equity Office Properties 42 years ago, now reflects a new intelligence needed to address shifting workplace needs, as EQ Office. As a U.S. office portfolio company wholly owned by Blackstone's real estate funds, we have the resources to lead the changes happening in work space. Explore your space for greatness at www.eqoffice.com.
About Willis Tower
Located at 233 S. Wacker Drive in the heart of downtown Chicago, Willis Tower is an urban destination and state-of-the art workplace that welcomes prominent businesses ranging from law firms to large airline corporations to insurance companies. Standing 1,450 feet and 110 stories tall, Willis Tower has the region’s most breathtaking views of Chicago and Lake Michigan. Willis Tower’s Skydeck attracts more than 1.7 million visitors each year with its inviting hospitality and memorable experiences, all under one roof. In early 2017, Blackstone and Equity Office announced plans for the biggest restorative transformation project in the building’s 43-year history. The $500 million renovation project now underway will add more than 300,000 square feet of new retail, dining and entertainment space at the base of the tower, 150,000 square feet of new tenant amenity spaces, and a 30,000 square-foot outdoor deck and garden. Willis Tower was recently named to the Illinois Council of the American Institute of Architects (AIA) Illinois’ 200 Great Places list. For more information, visit www.WillisTower.com.