Office

Value-add

A skyscraper in the Chicago West loop

IRR
20%
Space
1 195 170 sqft
Year invested
2019
Chicago, IL
Details
  • A skyscraper in the West loop
  • The value-add program was focused on the renovation of the lobby and amenity spaces, replacement of all windows and improvement of the building façade
  • Despite COVID-19 negative effects on leasing velocity the average occupancy in the building stayed at above 70%
  • All strategies
  • Value-add