Skip to content
Homepage
  • Market
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Sector
    • CRE
    • Education
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Events
  • Real Estate Awards
  • Subscribe
  • About
IllinoisOffice

Friedman Properties closes five leases at Chicago’s Reid Murdoch Building

November 28, 2025
Share on Facebook Share on Twitter Share on LinkedIn Share via email
Photo courtesy of Friedman Properties.

Friedman Properties completed five leases at the Reid Murdoch Building along the Chicago River in Chicago’s River North neighborhood.

Comprising 107,000 square feet, the transactions included new, expanded and renewed office, retail and restaurant leases.

The leases include the following:

  • New tenant, Smartly, an AI-powered advertising technology company with global offices around the world, signed for 5,000 square feet of office space.
  • Storck USA, which has had offices in the building since 2002, expanded from 20,000 to 30,000 square feet. Headquartered in Berlin, Storck is a global confectionery producer with brands including Werther’s Original, Mamba, Riesen, merci, Knoppers and Toffifay.
  • The Motion Agency, an independently owned, WBE-certified marketing agency, expanded from 20,000 to 25,000 square feet. The company’s headquarters have been located in the Reid Murdoch Building since 2018.
  • Theater of the Mind, an immersive theatrical experience presented as part of Goodman Theatre’s centennial 2025/2026 season, recently signed a 19,000-square-foot ground-floor retail lease. Co-created by Talking Heads frontman David Byrne and writer Mala Gaonkar, the permanent cultural attraction will have its first performances in spring 2026.
  • River Roast renewed its 28,000-square-foot restaurant space overlooking the Chicago River. The eatery, which offers contemporary American tavern fare, opened in the Reid Murdoch Building in 2014.

Friedman Properties recently completed a renovation that included a new tenant lounge with a kitchen, expansive café, A/V system and flexible seating; two conference rooms; and a fitness center with cardio equipment, Peloton bikes, free weights and locker rooms with towel service. Additional upgrades included the buildout of a 5,388-square-foot speculative office suite with sweeping river views; refreshed common areas; and a lobby transformation featuring exposed concrete columns and brickwork, new terrazzo floors, a digital wall, a marble-and-steel concierge desk and a hand-painted mural.

Originally constructed in 1914, the Reid Murdoch Building long served as the office, warehouse and manufacturing facilities for Reid, Murdoch & Co., one of the country’s largest wholesale grocers. The building hosted traffic courts and other municipal offices for decades, following the city of Chicago’s purchase of the property in 1955.

Friedman Properties acquired the eight-story, 320,000-square-foot building in 1998 and executed a full redevelopment in 2002. The property is listed on the National Register of Historic Places and has been designated a Chicago Landmark.

Tags
Chicagofriedman propertiesIllinoisoffice
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
IllinoisFinance

Challenges and success stories: Plenty of good news during Chicagoland Capital Markets conference

Dan RafterMarch 4, 2026
IllinoisCRE

Leopardo Construction sets new benchmark for Women in Construction Week with 17% female representation

Leopardo ConstructionMarch 4, 2026
IllinoisOffice

Skender completes 230,000-square-foot buildout of Invenergy’s Wacker Drive HQ in Chicago

March 4, 2026
TexasIndustrial

Evergen Equity acquires three-property industrial portfolio in Houston area

March 3, 2026

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Education
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Events
  • Office Locations
  • Terms and Conditions
  • Contact
© 2026 REjournals.com