With the wrecking ball looming over its low-slung building, mall owner GGP plans to move its headquarters less than a half-mile up the Chicago River.
GGP is working to finalize a lease for about 160,000 square feet at River North Point, the office building formerly known as the Apparel Center, according to sources. River North Point is at Orleans Street and the river, along the west side of the larger Merchandise Mart.
If the deal is completed as expected, GGP will move north by early 2018.
GGP, formerly known as General Growth Properties, owns large shopping malls throughout the country, including Water Tower Place on North Michigan Avenue and Oakbrook Center in the...