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Wrigley Co. Leaving Namesake Building

By Chuck Sudo in News on Jul 21, 2011 9:40PM

In a move that probably wasn't shocking for its employees, the Wm. Wrigley Jr. Co. announced that it was moving out of the Michigan Avenue building - and landmark - that bears its name and moving employees to the Goose Island campus it built in 2005.

Currently, about 250 Wrigley employees still work at the "Jewel of the Mag Mile," designed by the architectural firm of Graham, Anderson, Probst & White and built between 1921 and 1924. Wrigley vice president of corporate affairs Andy Pharaoh said in the announcement, "We want to co-locate all our functions in a modern environment that encourages creativity and collaboration." 500 Wrigley employees currently work in the new Goose Island campus and the remaining employees at the Wrigley Building will join them by the end of 2012.

The Wrigley Building is currently 60 percent occupied, with some offices having been vacant for over a decade. Wrigley has hired Jones Lang LaSalle to evaluate options, including a possible sale, for the building.