February 20, 2020
CA Ventures is nearly doubling the size of its downtown Chicago headquarters and joining WeWork at a boutique office building that CA and Midwest Property Group are developing in River North, Crain’s Chicago Business reported.
The development group’s 60,000-square-foot lease at 488 N. LaSalle Dr. will nearly double its current footprint at Pru One. CA will move to the new building in mid-2021.
Founded in 2004 as a small student housing business, CA now has more than 320 employees in Chicago, up from about 250 a year ago. The company plans to keep hiring as it aims to grow its portfolio to $30 billion in assets by 2024 from $13 billion today, the firm’s Katie Kazas told Crain’s.
JLL’s Chris Cassata and Craig Coupe are representing the owners of 448 N. LaSalle in leasing the building.
Rendering courtesy of Lamar Johnson Collaborative.
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