The foundation has not yet decided whether to sell the desirable space that the museum occupied on busy Michigan Avenue.
The district's intent is to convert vacant parking lots and other underused property into affordable, desirable space for a variety of arts groups.
Last fall, when the firm was searching for offices for its corporate finance group, Mr. Palmer found a desirable space at 666 Fifth Avenue.
The vacancy rate for Class A space - the newest and most desirable space - dropped to 10.3 percent, a decline of more than 15 percentage points.
I did three laps around the block, and finally someone pulled out of a desirable space at the curb.
Some of the top sites may be top sites based on traffic, but it might not all be desirable space.
They're very desirable spaces.
Waste-treatment plants transformed from unwanted projects to desirable public spaces.
Ma occupies "a space between emotional and rational, desirable and responsible," Ms. Hodge said.
The shelves of those stores are considered such desirable promotional space that food manufacturers pay cash (called "slotting allowances") to retailers to introduce their products.