(To read more on the net lease market, click here.)

CHICAGO-Columbia College Dance and Theater School has signed a long-term lease that will keep its facilities in the South Loop. The school will occupy the entire second floor of the five-story 1122 S. Wabash Ave. building. Occupancy of the 12,600-sf space will take place this fall.

Yvonne Jones, a vice president with Zifkin Realty Group, represented building ownership, MBA Enterprises-3 Inc., in the transaction. Geoff Euston, a senior vice president at US Equities Realty, represented the college. “Building ownership is in the process of making several improvements,” Jones tells GlobeSt.com. “A new lobby is being constructed in addition to a new elevator, and the building will have two restaurants.” Eleven City Diner, a deli, has already opened on the ground floor, and another well-known Chicago-area restaurant will be announced soon for the retail space next door to the deli, Jones says.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.