MB Real Estate Adds Properties to Leasing Portfolio

CHICAGO-MB Real Estate’s asset management and leasing services group has been awarded five new leasing assignments in downtown Chicago. The firm’s leasing portfolio now exceeds 14.4 million square feet with 18 million square feet under management.

The recent leasing assignments include 300 E. Randolph a 1.8-million-square-foot property currently at 98% occupancy; 70 W. Madison a 1.4-million-square-foot-office building with an occupancy of 89%; 30 W. Monroe a 256,000-square-foot building with 52% occupancy; 333 N. Michigan Ave. a 303,000-square-foot property with an 88% occupancy; and 525 W. Van Buren a 522,000-square-foot office property with an occupancy rate of 74%. MB Real Estate will also manage the properties at 30 W. Monroe and 333 N. Michigan Avenue.