**Transwestern Facilitates Sale of West Loop Office Building**
Transwestern Real Estate Services (TRS) has brokered the sale of a 48,500-square-foot office property located at 1100 W. Monroe St. in Chicago’s West Loop.
The transaction was handled by Transwestern’s Andrew Davidson, Executive Managing Director; Jay Beadle, Senior Vice President; and David Kimball, Vice President, on behalf of the seller, 1100 West Monroe, LLC—an affiliate of Kolcraft Enterprises. Jason St. John, Managing Partner at Greenstone Partners, represented the buyer, Alexander West Capital.
The property was sold for nearly $7.5 million. Alexander West Capital, the parent company of Leopardo Construction, plans to utilize the three-story brick-and-timber loft as its new Chicago office. Currently, the ground floor functions as a flex warehouse space with three recessed docks, while the second and third floors are fully built-out office space.
“This move represents far more than a change in address – it’s a continued investment in our construction business and a signal of our substantial growth and long-term commitment to the city,” said AJ Leopardo, president of Alexander West Capital. “We would like to thank LCI Development Partners, Busey Bank, Greenstone Partners, Transwestern, and all others who helped facilitate this transaction.”
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