Friedman Properties Completes 107,000 SF of Leases at Chicago’s Reid Murdoch Building
Friedman Properties, a Chicago-based real estate investment and development firm, has successfully completed five leasing transactions totaling 107,000 square feet at the historic Reid Murdoch Building in Chicago’s River North neighborhood.
The recent lease activity includes a mix of new, expanded, and renewed agreements across office, retail, and restaurant spaces:
– Smartly, an AI-powered advertising technology company, signed a new lease for 5,000 square feet of office space.
– Storck USA expanded its footprint from 20,000 to 30,000 square feet.
– The Motion Agency, headquartered in the building since 2018, grew its occupied space from 20,000 to 25,000 square feet.
– Theater of the Mind finalized a new 19,000-square-foot lease for ground-floor retail use.
– River Roast renewed its existing 28,000-square-foot restaurant lease.
The Reid Murdoch Building, originally built in 1914, historically served as the office, warehouse, and manufacturing space for Reid, Murdoch & Co. Friedman Properties acquired the eight-story, 320,000-square-foot building in 1998 and completed a comprehensive redevelopment in 2002. The property is listed on the National Register of Historic Places and is officially recognized as a Chicago Landmark.
These new and expanded lease agreements reflect the ongoing demand for prime commercial space in one of Chicago’s most iconic riverfront buildings.
