This Week's Chicago Deal Sheet
Sterling Bay announced the structural completion of 360 North Green in Fulton Market, topping out at 24 stories.
The development is the first office building north of Metra’s Union Pacific West line. The approximately 500K SF office building is anchored by Boston Consulting Group, which has leased about 250K SF and plans to relocate 1,000 employees from the Loop.
The development is scheduled to deliver in February 2024 and will feature private outdoor terraces on every floor and more than 5K SF of ground-floor retail and outdoor space along Green Street.
PEOPLE
ML Realty Partners announced that Tim Geisler was promoted from vice president to senior vice president.
LEASES
L3 Capital announced two new tenants at its latest mixed-use development at 1020 West Randolph St.: cosmetic dermatology group Ever/Body and diamond retailer Brilliant Earth.
CONSTRUCTION AND DEVELOPMENT
Evergreen Real Estate Group announced the topping off of Bellwood Senior Apartments, an affordable rental community. Located in Bellwood, the $30M project replaces a Walgreens with an 80-unit, 73K SF residential building. Pre-leasing has begun, and move-ins are scheduled to begin in August.
