Posted Nov 24, 2015, 6:09 PM
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Join Date: Sep 2002
Location: Chicago
Posts: 10,419
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http://www.chicagobusiness.com/reale...o-more-tenants
November 24, 2015
River Point office project adds two more tenants
By Ryan Ori
Quote:
The developer of a 52-story office tower rising along the Chicago River has scored two more tenants about a year before the building is expected to open.
River Point, a high-rise at 444 W. Lake St., is now 70 percent pre-leased after adding two new tenants, developer Hines Interests confirmed.
New deals include a 40,000-square-foot lease for most of the top two leasable floors—49 and 50—with Chicago-based hedge fund Balyasny Asset Management and a 20,000-square-foot deal with Chicago-based Water Street Healthcare Partners, a private-equity firm that invests in health care companies.
Greg Van Schaack, a senior managing director at Hines, confirmed the Water Street lease and also confirmed a deal on the upper two floors, without naming the tenant.
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Quote:
Just south along the Chicago River, the only other office tower currently under construction downtown—a 53-story building by John O'Donnell at 150 N. Riverside Plaza—is more than 60 percent pre-leased.
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