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Transwestern Represents Coyne College in 47,038 SF Lease at One North State in Chicago’s Loop

March 24, 2016

Transwestern today announces it represented Coyne College in a 47,038-square-foot lease at One North State, a 680,000-square-foot office tower in Chicago’s Loop. The college will occupy the entire fourth floor of the tower beginning in June 2016. Transwestern’s Tenant Advisory Services team of John Marquardt, Cece Conway, Phil Utigard and William Briggs represented Coyne College in the transaction.

“Our ability to secure an existing school build-out on a full floor made One North State a highly attractive option for Coyne College,” Conway said. “Although Coyne plans to update the space, taking advantage of many existing conditions will allow it to expedite renovations while reducing expenses and the broader environmental impact.”

Coyne College, which provides career training in allied health and construction trades, will move to One North State from its current campus at 330 N. Green St. in the West Loop.

“One North State’s proximity to public transportation, with the Red Line and several major bus routes right outside the front door, makes it accessible from all parts of the city, which was a major consideration during our search,” said Russell Freeman, president of Coyne College. “The central location will allow us to better serve faculty, staff and students who commute to campus on a daily basis.”

Transwestern’s Michael Lirtzman, Jeff Dowdell and Katie Steele represented the building’s owner, Arlington, Virginia-based FD Stonewater LLC.

ABOUT TRANSWESTERN

Transwestern is a privately held real estate firm of collaborative entrepreneurs who deliver a higher level of personalized service – the Transwestern Experience. Specializing in Agency Leasing, Management, Tenant Advisory, Capital Markets, Research and Sustainability services, our fully integrated global enterprise adds value for investors, owners and occupiers of all commercial property types. We leverage market insights and operational expertise from members of the Transwestern family of companies specializing in development, real estate investment management and research. Transwestern has 34 U.S. offices and assists clients through more than 180 offices in 37 countries as part of a strategic alliance with BNP Paribas Real Estate. Experience Extraordinary at transwestern.com and @Transwestern. For updates from the Chicago and Rosemont offices, follow @TranswesternCHI.

 

Transwestern represented Coyne College in a 47,038-square-foot lease at One North State, a 680,000-square-foot office tower in Chicago’s Loop.

Transwestern represented Coyne College in a 47,038-square-foot lease at One North State, a 680,000-square-foot office tower in Chicago’s Loop.