CHICAGO—Related Midwest officials say that newtenants have now leased 50% of the apartments in OneEleven at 111W. Wacker Dr. The company started pre-leasing in April andtenants began moving into the new 60-story luxuryapartment tower in early July.
Located at Clark St. and Wacker Dr. on the edge of the city'scentral business district, OneEleven features 504 apartments, andalso has 30,000-square-feet of indoor and outdoor amenities.
“As OneEleven's swift leasing pace indicates, Chicago rentershave a strong desire to live in the Loop, which has emerged as oneof the nation's fastest-growing urban cores,” said CurtBailey, president of Related Midwest. “By partnering withtwo of the country's preeminent stars in architecture and design,we were able to deliver an eye-catching building that has beenwell-received by those looking for upscale rentals in the heart ofthe city.”
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
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.
