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Dayton Takes on Another Fulton West Project

CHICAGO–The booming neighborhood will gain more creative office space, but at a lower cost.

chi-dayton partners (3) Dayton Street will rehab a five-story building and also construct an additional 30,000 square feet of office space.

CHICAGO–Users looking for creative office spaces have focused a lot of their attention on the Fulton Market neighborhood, as Google and the other top tech firms that have moved in are also attracting new retail and restaurants. But the rental rates there have soared, and some prospective tenants may be looking to gain access to the local amenities, but at cheaper prices.

That’s part of the thinking behind Dayton Street Partners’ acquisition of a 40,000-square-foot building and 15,000-square-feet of land, located at 1500 Carroll Ave., on the edge of the booming neighborhood, from a private seller.

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Brian J. Rogal

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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