Newmark Grubb Knight Frank (NGKF) will be the exclusive leasing agent for the former Allstate Insurance building located at 3245 W. Arthington Street in Chicago. The property, owned by Royal Imperial Group, will undergo an extensive redevelopment with sizable capital improvements, and will henceforth be known as Westgate Tower.
Westgate Tower is a 300,000-square-foot building located in the Homan Square neighborhood of Chicago. The 11-story, brick façade building was designed by the renowned architectural firm Carr & Wright, and at the time, was the first multi-story building constructed in Chicago after the start of World War II.
Capital improvements to Westgate Tower will include the addition of a rooftop deck, sky lounge, customizable exercise, recreational and lounge areas, new elevators, building systems, finishes, and ample on-site secured parking. The property also features 27,000-square-foot rentable floor plates.
NGKF’s Ted Prillaman, senior managing director, will lead the brokerage team.
