Expansive's 405 West Superior Street Office Sold For $5.3M With Greenstone Partners And Newmark

The asset involved in this transaction is a creative loft office building located at 405 West Superior Street in Chicago's River North neighborhood. This value-add property was previously owned by Expansive and features a mix of tech, energy, marketing tenants, and coworking spaces. The transaction was completed for a total amount of $5,300,000.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $5,300,000
• Address: 405 West Superior Street
• Market: Chicago
• Seller: Expansive
• Seller's Representative: Danny Spitz & Jason St. John - Greenstone Partners
• Buyer's Representative: Mitchell Loveman & Jimena Sayavedra - Newmark

This transaction was brokered by Greenstone Partners, who facilitated the sale of the property. The deal involved multiple representatives committed to successfully closing the transaction, including those from Newmark who represented the buyer.