Streeterville MXU Development: Fully Stabilized with 45K-SF Lease

Streeterville MXU Development: Fully Stabilized with 45K-SF Lease

Saint Grand, a collaboration between Mavrek, Double Eagle Development, Luxury Living, and GW Properties, has announced that Club Studio Fitness will be leasing 45,000 square feet across the first, fourth and fifth floors of their building at 535 N St. Clair.

Madison Rose’s Adam Pines and Matt Pistorio represented Mavrek in this deal while Savills’ Robert Sevim and Cullen Hurley worked with Real Source’s Ted Slaughter and John Kalamaras to represent Club Studio Fitness. The retail leasing efforts were led by Elan Rasansky and Anthony Campagni on behalf of the development team.

Within just six months of receiving its final certificate of occupancy,the development has achieved an impressive 95% occupancy rate for its residential rentals. Additionally,the entire ground-floor retail space is now fully leased out.”We are delighted to welcome Club Studio Fitness as our newest tenant,” said Adam Friedberg,Mavrek’s CEO.”This lease perfectly aligns with our original vision for this project.”

The post Streeterville MXU Development Fully Stabilized With 45K-SF Lease appeared first on Connect CRE .

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