Livingstone Partners Leases 13000 SF Office Space At 311 West Huron In Chicago For 11 Years
311 West Huron Street
Building Size
13,000 SF
Asset Type
Office
Closing
Jun 23, 2025
AI
An office property located at 311 West Huron Street in Chicago features a total of 13,000 square feet. The asset is part of Urban Innovations’ newly completed office building in the River North area.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Lease Term: 11 years
- Landlord: Howard Conant - Urban Innovations
- Tenant: Karl Freimuth & Joe Greenwood - Livingstone Partners
- Landlord's Rep: Abby McFayden & Matt Pistorio - Madison Rose
- Tenant's Rep: Bill Main & Noah Turner - CBIZ Gibraltar Real Estate Services
The lease agreement signifies a new commitment by Livingstone Partners as they transition from a previous location managed by Friedman Properties. This reflects ongoing tenant interest in seeking modern office environments in newly developed buildings within Chicago.
Players
Chicago Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93