After settling a foreclosure suit, an affiliate of Goldman Sachs recently took title to 213 West Institute in Chicago’s River North neighborhood. Goldman has tapped RN Realty LLC to manage and lease the 150,000-square-foot loft office building.
Noah O’Neill, Vice president with RN Realty, will be responsible for the leasing of the property. The building is about 33 percent vacant.
The building offers a variety of suites that are a minimum of 1,800 square feet. Larger spaces can be accommodated by combining multiple suites. The new owner is planning to make cosmetic improvements and reposition the identity of the building. It will also tend to any deferred maintenance.