Moody Bible Institute Renews Lease For 36,956 SF Industrial Space In Chicago

The Moody Bible Institute (Moody Publishers), a nonprofit Christian publishing house, has renewed their lease for a 36,956 square foot space at 2701 S. Western Avenue in Chicago. The industrial property, owned by Welbic IV, offers the institute an ideal location to continue their operations in the city.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 2701 South Western Avenue, Chicago
• Market: Chicago

Mandy Lewandowski and Chris Mergenthaler, representing DarwinPW Realty/CORFAC as the landlords' representatives, facilitated the lease renewal for Moody Bible Institute. Julie Lane, from Cresa, served as the tenant's representative in the transaction. The publishing house expressed their satisfaction with the location of the space and their intention to remain in the city.