A Maryland firm has gained control of a financially distressed loft office building in Chicago’s River North and formed a joint venture with a local developer to spruce up the half-empty property with the aim of signing new tenants.
New Owners Look To Turn Around Loft Offices in Chicago’s River North
Beltway Capital Seizes Control of 7-Story Building, Forms Joint Venture With R2
By Ryan Ori
CoStar NewsJuly 29, 2024 | 9:02 P.M.
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IN THIS ARTICLE
- Properties
- Central Arts Building
730 Franklin St, Chicago, IL
- Companies
- R2 Companies
Real Estate
- The Feil Organization
Real Estate