Club Studio Signs 32,000 Square Foot Lease At 1030 North State Street In Chicago

The property asset involved in this transaction is located at 1030 North State Street, Chicago. It is a retail space encompassing 32,000 square feet within Newberry Plaza, a prominent 53-story tower situated in the Gold Coast area. The lease agreement involves leasing the majority of the second floor and the entirety of the third floor of the retail base.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Address: 1030 North State Street
• Market: Chicago
• Asset Size: 32,000 square feet
• Landlord: Paul Fitzpatrick - 11 East Partners; Greg Adler & Todd Vender - Blackbird Investment Group
• Tenant: Club Studio
• Brokers: Luke Molloy, Danny Jacobson & Stephen Ansani - CBRE

The deal was facilitated by brokers Luke Molloy, Danny Jacobson, and Stephen Ansani from CBRE, who represented the landlords, 11 East Partners and Blackbird Investment Group. This lease adds to the retail offerings in the redevelopment, joining well-known tenants such as Anthropologie and Moxies.