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CHICAGO-US Realty Management Co., the leasing division of New York-based Aetna Realty, has put leasing veteran Red Weller in charge of two assets it acquired earlier this year for nearly $70 million. The former Peoples Gas Building at 122 S. Michigan Ave. and McCormick Building at 332 S. Michigan Ave. are both 90% leased.

Weller joins U.S. Realty Management after stints at Miglin-Beitler, Insignia/ESG, SN Phelps Realty and Grubb & Ellis.

Both properties are located in the Michigan Boulevard historic district, which runs between Randolph and 11th streets to create a “streetwall.” U.S. Realty Management plans to renovate both buildings, which are more than 90 years old. The 20-story McCormick Building includes 319,250 sf of office space acquired for $29 million, with 75 condominiums on the top six floors. The luxury units were added in 1997. The 539,378-sf Peoples Gas Building, designed by D.H. Burnham & Co., was sold for $40 million, according to property records.

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