Transwestern Real Estate Services represented the seller in the sale of 1100 W. Monroe St., a 48,500-square-foot office property in Chicago’s West Loop.
Transwestern Executive Managing Director Andrew Davidson, Senior Vice President Jay Beadle, and Vice President David Kimball brokered the transaction on behalf of 1100 West Monroe, LLC, an affiliate of Kolcraft Enterprises.
Alexander West Capital, the parent company of Leopardo Construction, purchased the building for nearly $7.5 million. Leopardo Construction plans to use the three-story brick-and-timber loft as its Chicago office. The ground floor currently serves as flex warehouse space with three recessed docks, while the second and third floors feature fully built-out offices.
The Transwestern team, which also specializes in representing office and industrial users, secured a lease for Kolcraft Enterprises in a nearby office building as part of the company’s relocation.Jason St. John, Managing Partner of Greenstone Partners, represented the buyer in the sale.
