Transwestern Real Estate Services (TRS) has 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. Jason St. John, Managing Partner at Greenstone Partners, represented the buyer, Alexander West Capital.
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.
“This move represents far more than a change in address – it’s a continued investment in our construction business and a signal of our substantial growth and long-term commitment to the city,” said AJ Leopardo, president of Alexander West Capital. “We would like to thank LCI Development Partners, Busey Bank, Greenstone Partners, Transwestern, and all others who helped facilitate this transaction.”
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