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1357 North Elston Avenue
LEASED

Reverb Leases 25,000 SF Office Space In Chicago's Salt Shed

1357 North Elston Avenue

Office
25,000 SF
clock iconLeased 45 days ago
Adrian Boone II
Frank Franzese
Mike Lombardo
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Summary

Lease
ILLINOIS
Office
25,000 sqft

The Salt Shed, a redeveloped Morton Salt warehouse located at 1357 North Elston Avenue in Chicago, has secured a lease transaction for approximately 25,000 square feet in a two-story brick building. The space will serve as the new headquarters for Reverb, a music equipment marketplace. This move adds a commercial dimension to the Salt Shed, known as a concert venue, and strengthens Reverb's connection to Chicago's music community.

Summary of transaction details:

Reverb's relocation to the Salt Shed signifies a strategic move to enhance its presence in Chicago's music scene. The lease agreement, facilitated by Adrian Boone from Stream Realty Partners and Frank Franzese from Colliers International, marks a significant step for Reverb in establishing a stronger foothold within the emerging office landscape of the area. The upcoming move is scheduled for the following year, promising a seamless transition for the music equipment marketplace.

Players

  • All

    6

  • Agents

    3

  • Agencies

    3

Adrian Boone II 's profile picture
Adrian Boone II
Stream Realty Partners⁠-image
Vice President

Details

Deal Summary
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LEASED
IMAGE: 04/09/2024 ADDRESS: 1357 North Elston Avenue MARKET: Chicago ASSET TYPE: Office ~ SF: 25,000 LANDLORD: R2 & 16" on Center TENANT: David Kalt - Reverb LANDLORD'S REP: Mike Lombardo - Blue Star Properties TENANT'S REP: Adrian Boone - Stream Realty Partners⁠; Frank Franzese - Colliers International NOTE: Music equipment marketplace Reverb is relocating its headquarters to the Salt Shed, a redeveloped Morton Salt warehouse along the North Branch of the Chicago River, leasing approximately 25,000 square feet in a two-story brick building. The move, scheduled for next year, adds a new commercial dimension to the Salt Shed, already established as a concert venue, and positions Reverb to deepen its ties with Chicago's music community while contributing to the area's emerging office landscape. ⁠

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Address1357 North Elston Avenue

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