Groupon Founders in Talks to Acquire Chicago Landmark

Groupon co-founders Brad Keywell and Eric Lefkofsky are in advanced talks to buy the 89-year old Wrigley Building and make it a new home for Groupon, according to Crain's Chicago Business. Groupon has outgrown its headquarters at the former Montgomery Ward building at 600 W. Chicago Avenue, and the Wrigley Building would also serve as incubator space for other tech startups they invest in through their Lightbank investment fund.

A high-profile headquarters would help Groupon distinguish itself from rival coupon sites and put the company on one of the most visible intersections in Chicago, according to Jon DeVries, director of the Marshall Bennett Institute of Real Estate at Roosevelt University. Real estate experts expect the deal to be consummated in the $35 to $45 million price range.

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