Asking Price Contact for pricing
Sq. Footage N/A
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1928

Property Description

Positioned directly across the street from the transformative $670 Million Willis Tower redevelopment and in proximity to over $2.2 Billion of total ongoing developments within a three block radius, the Property provides an investor the opportunity to uniquely benefit from a rapidly improving location. At 80.6% occupancy with just 2.7 years of remaining weighted average lease term (“W.A.L.T.”), the Property provides an investor the opportunity to increase NOI through the lease up of approximately 50,000 RSF while simultaneously marking in-place rents to market by approximately 22.8% within the initial three-year hold period.

Investment Highlights

Jones Lang LaSalle (Illinois), L.P. (“JLL”) has been retained on an exclusive basis to arrange the sale of 300 West Adams (the “Property”), a rare boutique 12-story vintage creative office building situated just steps from mass transit amongst the glass and steel towers of Chicago’s preeminent Class A CBD submarket, the West Loop.
Jeff Bramson
Jeff Bramson
Senior Managing Director Office Head
Licensed in
471.009696
Jaime Fink
Jaime Fink
Senior Managing Director
Licensed in
471.010204;54163;54163

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