CHICAGO (Feb. 5, 2020) – Stream Realty Partners (Stream), a full-service national real estate investment, development, and services company, has been awarded leasing of 500 North Michigan Ave., a 324,000-square-foot, 24-story office building located on the Magnificent Mile in downtown Chicago.
Located at the epicenter of where the business district and Chicago’s high-end retailers meet with the city’s booming tourism, the leasing of 500 North Michigan Ave. not only highlights Stream’s growing footprint but also points to the positive momentum underway throughout the Chicagoland area.
“Stream’s entire Chicago office is excited to work on this high-profile asset,” said Adam Showalter, managing director at Stream Realty Partners. “500 North Michigan Ave is a boutique office building offering tenants the opportunity to be in the heart of the avenue with the amenities of a high-end hotel.”
500 North Michigan Ave. currently has 180,000 square feet available for lease and can provide up to 100,000 square feet of contiguous space. The building is also currently undergoing a $25M redevelopment that includes a new façade, retailers, main entrance, lobby, fitness center, lounge, and conference facilities.
Jessica O’Hara, Adam Showalter, and Patrick Russo with Stream will oversee the leasing of the property.