Willis Tower to entice the firm to stay. Two years later, Sears began moving its own offices out of the Sears Tower. In 1994, Sears sold the building to Boston-based AEW Capital Management, with financing from MetLife. At the time, it was one-third vacant. By 1995, Sears had completely left the building, moving to a new office campus in Hoffman Estates, Illinois. In 1997, Toronto-based TrizecHahn Corporation (the owner of the CN Tower at the time) purchased the building for $110 million, and assumption of $4 million in liabilities, and a $734 million mortgage. In 2003, Trizec surrendered the building to lender
Library Tower (Chicago) Library Tower (Chicago) Library Tower Chicago is located on 520 S. State Street, Chicago, Illinois, which is the block directly south of the main branch of the Chicago Public Library in the Loop community area. Currently (4/2009) the building has 184 Units. 52 units have been sold and closed. Another 36 are under contract. Apparently, the building was mostly sold unit the economy forced investors to pull out of the building, leaving it largely unsold. Units have been on sale since 2005, with closing first occurring in 2008. There has been substantial price drops from being on the market (1