Q Investment Partners (QIP), a Singapore-headquartered private equity real estate firm, along with project partner and co-developer Melrose Ascension Capital (MAC), a Chicago-based private equity real estate development and investment firm, recently celebrated the grand opening of Straits Row, a new 18-story rental tower combining traditional apartments with co-living units in Chicago’s South Loop.
Located at 633 S. LaSalle St. within the Printers Row neighborhood, the 132-unit hybrid building offers 358 private, fully furnished residential spaces within its traditional and co-living units. The building welcomed its first residents in February.
QIP sponsored the development and collaborated with MAC as its local partner to co-develop, reposition and revamp the original plan for the site, previously acquired from PMG and The Collective.
“We’re proud to celebrate the grand opening of Straits Row alongside our collaborators, MAC and project partners. This is an important milestone that marks QIP’s continued expansion of our global residential living platform,” said James Coppack, head of development at QIP.
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