The National, 125 S. Clark Street, Chicago, IL
CHICAGO, IL—Commerz Real has acquired The National in Chicago for its open-ended real estate fund hausInvest for about $195.6 million (€171.5 million) from local project developer Blue Star Properties
Situated at 125 S. Clark Street in the heart of the central business district, “The Loop”, the 20-story office building accommodates about 581,000 square feet of rental space.
The National was built in 1907 as the Edison Building. It was initially the headquarters of the electricity company Commonwealth Edison, which was also founded in 1907 and is now the largest electricity provider in Illinois under the name ComEd.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
