Led by commercial real estate entrepreneur and Founder/CEO Alex Najem, Fulton Street Companies (FSC) reached an agreement with SNK Capital, led by Shanna Khan, to serve as the lead equity investment partner on the highly anticipated 919 West Fulton project in Downtown Chicago. Financing for the project will be provided by Bank of the Ozarks and Manulife, with development services provided by FSC and Chicago-based JDL Development.
Located at the corner of Fulton Market and Sangamon Streets, groundbreaking on Fulton Street Companies’ new, 360,000-square-foot, 11-story office building is scheduled for October 2. The amenity rich building will capture the essence of the neighborhood with its factory style storefronts, architectural masonry, and large outdoor terraces on each floor. It will feature modern indoor/outdoor amenities such as a conferencing center, a 24/7 health club, and tenant lounge, as well as 40,000 square feet of ground floor retail.
Kahn will serve as lead designer for the development. She brings a unique blend of creativity and business acumen to projects and partnerships covering vast commercial disciplines in the U.S. and beyond, including corporate M&A, mixed‑use real estate development, interior design, manufacturing, custom jewelry, professional sports, luxury goods, leisure, and hospitality.
Today FSC also announced that Harrison Street has signed a 170,000-square-foot anchor tenant lease at the property.
Madison Rose’s Matt Pistorio is handling leasing for 919 West Fulton while Colliers has been awarded the management assignment.