From Chicago Sun-Times:
No Name, Brand, Segment Identified
A landmark at what could be Chicago’s most impressive corner is losing a major tenant and faces an identity crisis. The 360 N. Michigan building, at the southwest corner of Michigan and Wacker, will be mostly empty once its largest tenant, Crain Communications Inc., leaves in the spring. The owner of Crain’s Chicago Business is headed south to 150 N. Michigan. So the landlord of 360 N. Michigan, New York property mogul Joseph Chetrit, is looking at his options. A source familiar with the building said Chetrit wants to convert the building into a hotel and build an addition to it, using a tiny parking lot immediately west of the building to enlarge the floors. Chetrit’s other interests here include a stake in Willis Tower. Click here for the full story.