Younan Properties, one of the nation's leading private commercial real estate companies has selected an experienced Chicago-based broker team from Transwestern to lease its landmark Central Loop 645,170 SF high-rise.
Los Angeles, February 9, 2011 ---Younan Properties, Inc., a fully-integrated, national real estate owner and operator of office buildings in five major U.S. office markets announced that Transwestern has been awarded the leasing contract for 200 North LaSalle, a 645,170-square-foot Class A office high-rise in the heart of downtown Chicago's central business district. The new assignment is effective today.
Leading the leasing efforts for the landmark property will be Tamara Kos, Executive Vice President, Sandy Macaluso, Senior Associate and Teddy Walsh, Associate. Joe Stevens, Senior Vice President, will provide strategic support and serve as a liaison between Younan senior management and the leasing team.
"Transwestern was selected for this assignment because of its local market expertise, ability to close deals and familiarity with the building," said Daniel Svachula, Regional Leasing Manager for Younan's Chicago portfolio. "The team has extensive experience leasing in the Central Loop and has a successful track record leasing this asset."
According to Kos, winning this assignment offers an unparalleled opportunity to lease a premier asset with excellent location, efficient floor plates and competitive amenity package. "Transwestern is excited for the opportunity to expand our relationship with Younan Properties working on this first class asset. The superior technological infrastructure, saw tooth design, and amenity base are just a few reasons why 200 N. LaSalle is an excellent alternative for "educated tenants" within the Central Loop." Located on the northwest corner of Lake and North LaSalle Streets in The Loop, the historic center of downtown Chicago, the green-tinted glass tower incorporates 645,170 rentable square feet. The property features a recently renovated plaza, main lobby, elevator cabs, tenant corridors and building systems as well as state-of-the-art telecommunications capabilities. Retail amenities include Associated Bank, Corner Bakery, Caribou Coffee, HQ Printers and sundries shop. The building offers near proximity to Thompson Center, City Hall/County Building, Daley Center, and all major METRA/CTA trains.
About Younan Properties
Younan Properties is a fully integrated, self-administered and self-managed owner and operator of primarily Class ï¿½Aï¿½ office properties located in five major U.S. office markets, including Dallas, Chicago, Houston, Phoenix and Los Angeles. The portfolio consists of 36 office properties with nearly 11.0 million square feet of rentable space. Younan is a full-service real estate company with in-house expertise and resources in leasing, asset and property management, marketing, acquisitions, redevelopment, facility engineering and financing.
Transwestern is one of the largest privately-held commercial real estate firms in the United States. A diversified operating company, Transwestern is active in the real estate service, development and investment management businesses. Transwestern creates value for clients through innovation, penetrating market intelligence and legendary service delivered by teams of local market experts.
Contact: Denise Davis
818.703.9600 x 9705