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311 West Huron Street

Livingstone Partners Leases 13000 SF Office Space At 311 West Huron In Chicago For 11 Years
LEASEDOffice

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

Matt Pistorio

Madison Rose

Broker

4 deals

Broker
CBIZ Gibraltar Real Estate Services
CBIZ Gibraltar Real Estate ServicesBrokerage
Madison Rose
Madison RoseBrokerage

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