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Onni Group’s hospitality-inspired renovation for 200 N. LaSalle in Chicago expected to deliver at end of 2023

October 30, 2023
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Onni Group, an international real estate owner-developer of commercial, mixed-use, residential, and hospitality properties, announced that the renovation of 200 N. LaSalle Street in Chicago is expected to deliver 4Q 2023, with Stream Realty Partners enlisted to continue leasing for the property.

Onni Group purchased the 643,323-square-foot office building in 2012, creating one of the most well-received amenity centers in the region. 200 N LaSalle Street’s current hospitality-inspired renovation has driven real interest in Chicago’s Central Loop submarket, solidifying Onni Group’s commitment to its tenants and the city of Chicago.

200 N LaSalle is located steps from the Chicago Riverwalk and at the north end of the Loop, just south of Chicago’s River North neighborhood. Renovations include a third-floor transformation, complete with a new tenant lounge and bar, a refreshed conference center with seating for up to 150 people, a private lounge for hosting intimate events, café and bar seating, wine and whiskey lockers, an upgraded fitness center, a massage and treatment room, and multiple wellness rooms.

Additional features include a lobby-level lounge and game room, a golf simulator, arcade games, seating areas, a significant catering kitchen, secure indoor bike parking, and changing rooms.

Stream, a national commercial real estate firm offering an integrated platform of services, has a growing core office in Chicago that leases more than 24 million square feet of office space in the region. Executive Vice Presidents Mark Gunderson and Ben Cleveland handle leasing for the 200 N. LaSalle assignment. With nearly five decades of combined experience, they were recruited to Stream in 2021 along with six other seasoned brokers who have helped build a robust transaction and services business in the region.

Since earlier this year, Stream has leased more than 60,000 square feet of office space at the property to companies such as Wasserman, CoxReps, The Planet Group, and Everest Transportation Systems, and has a robust pipeline of new prospective tenancy.

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