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Club Studio Fitness Signs 45000 Square Foot Lease At 535 North Saint Clair In Chicago

Property Image
LEASED
Adam Pines
Robert Sevim
+ 3

Illinois

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Office45,000 SF
Leased 01/13/2025
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Property Image
LEASED

Club Studio Fitness Signs 45000 Square Foot Lease At 535 North Saint Clair In Chicago

535 North Saint Clair Street

See Similar Deals
Office45,000 SF
Leased 01/13/2025
Adam Pines
Robert Sevim
+ 3
Contact now

Summary

ILLINOIS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:45,000 SF
Transaction Type:Lease

The property at 535 North Saint Clair Street is an office asset consisting of 45,000 square feet located in the Chicago market. This mixed-use development is currently 95% leased in residential rentals and has its ground-floor retail fully leased.

Summary of transaction details:

Club Studio Fitness has signed a lease spanning three floors within the Saint Grand development, affirming the developers' vision for this mixed-use property. The leasing activity involved multiple representatives, showcasing the collaboration between various agencies to facilitate this transaction.

Players

3 deals
BROKER

Matt Pistorio
4 deals
BROKER

12 deals(312) 595-2952
BROKER


John Kalamaras
RealSource Group
2 deals
BROKER


Madison Rose
BROKERAGE

Details

LEASED
IMAGE: Shai Wolkowicki, Mitch Goltz, Adam Friedberg, Ted Slaughter, Andrea Gentilini, John Kalamaras, Adam Pines, Andrew Juiris, Matt Pistorio, Cullen Hurley & Robert Sevim DATE: 01/13/2025 ADDRESS: 535 North Saint Clair Street MARKET: Chicago ASSET TYPE: Office ~ SF: 45,000 LANDLORD: Adam Friedberg - Mavrek; Andrew Juiris - Double Eagle Development; Andrea Gentilini - Luxury Living; Mitch Goltz & Shai Wolkowicki - GW Propertie TENANT: Club Studio Fitness LANDLORD'S REP: Adam Pines & Matt Pistorio - Madison Rose TENANT'S REP: Cullen Hurley & Robert Sevim - Savills (@Savills); John Kalamaras (@JohnKalamaras) & Ted Slaughter - RealSource Group NOTE: Club Studio Fitness signed a 45,000-square-foot lease at 535 N St. Clair, spanning three floors in the Saint Grand development. The project, now 95% leased in residential rentals and fully leased for ground-floor retail, reflects the developers' vision for the mixed-use property.

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Deal Type
Effective Rent (Annual)

$2,579,372.85

Total Lease Value

$25,793,728.45

Net Landlord Cash Flow$2,579,372.85