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“Newly Renovated Canal Station: CBRE Facilitates First Lease”

"Newly Renovated Canal Station: CBRE Facilitates First Lease"

R.M. Chin & Associates, a consulting firm, has recently signed a 15,473-square-foot lease for their new Chicago office at 801 S. Canal St., marking the first new lease at the former Northern Trust office building now known as Canal Station.

The transaction was facilitated by CBRE’s Bill Sheehy and Brady Wolfe on behalf of R.M. Chin & Associates and Telos’ Jeff Dowdell and Matt Whipple on behalf of 601W – the New York-based developer that acquired the property in 2019.

According to Eileen Chin, President of R.M. Chin & Associates, their new space will foster collaboration and innovation while being conveniently located near Chicago’s central business district.

As part of its redevelopment plans for this six-story building spanning over 680,000 square feet ,601W has upgraded it with larger windows than before along with an amenity center,a state-of-the-art fitness center,and a tenant lounge.Gardner Builders served as general contractor while Solomon Cordwell Buenz oversaw architectural redesigns.

Telos’ Senior Vice President Matt Whipple describes Canal Station as “a stunning transformation from a single-tenant designed asset to a Class A multi-tenant office building offering top-notch hospitality and wellness-focused amenities.”

This latest development marks another success story for CBRE who arranged this initial lease deal at newly renovated Canal Station which is poised to become one of Chicago’s premier commercial properties under its current ownership by New York-based developer -601W .

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