chi-444nwells (3) 444 N. Wells in River North was UI’s first building, and the once-gritty neighborhood is now one of the city’s most desirable.

CHICAGO—Urban Innovations has been one of Chicago’s pioneers in renovating loft buildings into creative office space, and after 38 years of leadership in this sector, it is ready to take a big step forward. The company has just formed a partnership with the newly launched North Wells Capital, LLC, a company that will now handle investment strategy, acquisitions, fund-raising and financial operations. Meanwhile, UI will continue to carry out the day-to-day property management functions for its 600,000 square foot portfolio of owned and managed properties.