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RXBAR Takes Whole Building in River North

The neighborhood is short of new product, and lease-ups can happen quickly.

By Brian J. Rogal | brianjrogal | Updated on October 12, 2017

chi-412nwells (3) The new 50K SF building at 412 N. Wells is now 100% leased to one office tenant and two health-oriented retailers.

CHICAGO—River North continues to be the CBD’s hottest office market, and a huge chunk of new, modern space has just been taken. RXBAR has agreed to lease the entire 50,000 square foot office tower at 412 N. Wells St., a new project by Centrum Partners and Hubbard Street Group. The leading maker of protein bars, which was just acquired by Kellogg Co., will move from 225 W. Ohio St. to its new headquarters next spring.

“This lease caused a bit of a change in our plans,” John McLinden, Hubbard Street Group managing partner, tells GlobeSt.com. “We were going to take some of the space for ourselves,” but RXBAR, a four-year-old startup and powerhouse in the protein bar business, needed the space fast.

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