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AmTrust RE Leases 9,630 SF Office To Skyline Construction In Chicago

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LEASED

Illinois

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Office9,630 SF
Leased 04/24/2024
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LEASED

AmTrust RE Leases 9,630 SF Office To Skyline Construction In Chicago

1 East Wacker Place

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Office9,630 SF
Leased 04/24/2024
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Summary

ILLINOIS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:9,630 SF
Transaction Type:Lease

The lease transaction involves a 9,630-square-foot office located at 1 East Wacker Place in the Chicago market. The landlord, Patrick Kearney of AmTrust RE, finalized the lease with tenant Jessica Carps of Skyline Construction. CBRE brokers Jon Milonas and Kyle Kamin facilitated the transaction.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: Not Applicable
  • Address: 1 East Wacker Place
  • Market: Chicago
  • Landlord: Patrick Kearney - AmTrust RE
  • Tenant: Jessica Carps - Skyline Construction
  • Brokers: Jon Milonas & Kyle Kamin - CBRE

The lease at One East Wacker, a prominent Chicago Riverwalk tower, reflects Skyline Construction's growth strategy. AmTrust RE's investment in capital improvements further highlights the commitment to enhancing the building's appeal.

Players

Jon Milonas
7 deals(312) 935-1897
BROKER

Details

LEASED
IMAGE: Patrick Kearney, Jessica Carps, Jon Milonas & Kyle Kamin DATE: 04/24/2024 ADDRESS: 1 East Wacker Place MARKET: Chicago ASSET TYPE: Office ~ SF: 9,630 LANDLORD: Patrick Kearney - AmTrust RE TENANT: Jessica Carps - Skyline Construction BROKERS: Jon Milonas & Kyle Kamin - CBRE NOTE: AmTrust RE finalizes a 9,630-square-foot office lease with Skyline Construction at One East Wacker, a prominent Chicago Riverwalk tower. This move reflects Skyline's growth strategy, with CBRE facilitating the transaction, while AmTrust's investment in capital improvements further underscores the commitment to enhancing the building's appeal.

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Deal Type
Effective Rent (Annual)

$551,985.79

Total Lease Value

$5,519,857.89

Net Landlord Cash Flow$551,985.79