April 12, 2019
KBS has signed a total of 17,383 square feet in new leases at 213 W. Institute Pl., a loft-office property in River North owned by KBS Growth & Income REIT. Meredith Corporation, Tiesta Tea Company, M1 Financial and Studio Brunstrum have all joined the property’s tenant roster.
JLL’s Amy Berg represented Meredith, Bespoke Real Estate’s Victor Sanmiguel represented Tiesta Tea, Truss Real Estate’s Nicole Weldon represented M1 Financial, Transwestern’s June Simonian represented Studio Brunstrum and Ameritus’ Scott Sessa represented ownership.
“River North’s prime location and walkable amenities play a big part in drawing tenants to 213 W. Institute,” said Dan Park, SVP for KBS and asset manager for the property. “We are excited to welcome the new tenants, and hope they will benefit from the increased work-life balance offered at the property.”
Built in 1908, the 155,385-square-foot property was modernized in 2017. KBS is planning further upgrades.
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