New Luxury Residential Tower and Architectural Gem Offer Prime Retail Opportunities at 465 North Park
CHICAGO —RKF, the country’s leading independent real estate firm specializing in retail leasing, investment sales and consulting services, is exclusively marketing 10,671 square feet of retail space at 465 North Park in Chicago’s Streeterville neighborhood. The Pappageorge Haymes-designed 48-story multi-family tower currently under development will be set atop a five-story podium with 35,000 square feet of amenity space and 10,671 square feet of divisible retail space. The skyscraper, in the shape of three intersecting oval towers, will comprise 444 luxury apartment rental units, 181 parking spaces and breathtaking views of Lake Michigan.
RKF Vice President Anthony Campagni, Managing Director Steve Schwartz and Director Elan Rasansky are marketing the opportunity for Allstate, MetLife and development partner Jupiter Realty Company.
465 North Park is strategically located in highly desirable Streeterville – a dense residential market, and sitting in the center of an entertainment and retail corridor at the intersection of East Illinois Street and North Park Drive, between the Navy Pier and the iconic Tribune Tower. 465 North Park is an ideal location for tenants looking to enter the Chicago market. The property is situated just a few blocks east of North Michigan Avenue’s powerful mix of flagship stores and other exciting neighbors – including Apple’s new global flagship (currently under construction), Whole Foods Market, Chicago Marriott Downtown Magnificent Mile, AMC River East 21 Multiplex, Nordstrom at The Shops at North Bridge, Eataly, Target, Pinstripes and Loews Chicago Hotel.
“This is truly a one-of-a-kind opportunity for a brand to establish itself and create a strong presence in the heart of Chicago’s junction of tourism and residential density,” said Schwartz. “465 North Park is an ideal fit for a full-service restaurant, specialty grocer, fresh-casual dining options, salon/spa, or a specialty fitness brand.”
The leading independent real estate firm in North America specializing in retail leasing, investment sales and consulting services, RKF serves a broad spectrum of domestic and global clients in services ranging from national tenant and owner representation to advisory, consulting and dispositions. With approximately $30 billion in aggregate real estate transactions to its credit, RKF has been responsible for identifying scores of real estate opportunities throughout the United States for leading American and international chains, retailers, developers and institutional clients. RKF is headquartered in New York with offices in Chicago, Las Vegas, Los Angeles, Miami, Northern New Jersey, San Francisco and Toronto. RKF operates in Canada as RKF Group Canada Realty, a retail brokerage.
RKF’s Chicago office is located at 353 North Clark Street, Suite 2050, Chicago IL 60654 T: 312.698.8880. www.rkf.com