Thursday, September 5, 2019

MBRE, Hilco, Origin joint venture acquires West Loop property

Photo from REJournals.com
By: Staff Writer | 9/5/19 | REJournals.com

A joint venture that includes senior executives Kevin Purcell and Peter Westmeyer from MB Real Estate (MBRE), Hilco Redevelopment Partners and Origin Investments has acquired 549 W. Randolph Street in the West Loop. MBRE will provide leasing and asset management services for the seven-story, 123,835-square-foot property. “549 West Randolph has it all: proximity to transportation, neighborhood dining and entertainment and Fulton Market as well as the cool loft architecture that tenants are seeking,” said Purcell, MBRE president of asset management and leasing services. “We intend to enhance the tenant experience by creating a building culture that rivals any building in Chicago, making 549 West Randolph the model for others to follow.” Read More....

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