New 290,000 SF Building Marks Second Project Awarded by Owner
February 24, 2021
CHICAGO – Transwestern Real Estate Services (TRS) announces it has been selected by Commerz Real, asset and investment manager of German Commerzbank, to provide exclusive leasing services for Fulton West, a nine-story, 290,000-square-foot, Class A office building at 1330 W. Fulton St. in Chicago’s West Loop submarket. Executive Vice President Eric Myers and Senior Vice Presidents Jeff Dowdell and Kathleen Bertrand will provide leasing services on behalf of the owner.
Earlier this year, Commerz Real selected Transwestern as the exclusive leasing agent for The National - 125 S. Clark, a 582,400-square-foot office building in the Central Loop.
“We are excited by the opportunity to broaden our relationship with Commerz Real in Chicago,” said Myers. “Fulton West is a modern development that offers tenants extensive amenities in an exceedingly desirable location, allowing employers to provide an ideal setting as they bring their teams back to the workplace.”
Fulton West was developed by Sterling Bay and opened in 2017. The property offers tenants 610 on-site parking spaces, a private roof deck, outdoor terraces in each suite, a fitness center, an on-site café and a 20,000-square-foot landscaped green space. It is within walking distance of the Morgan and Ashland CTA stations. Fulton West is currently 100% leased with a tenant roster including Dyson, Glassdoor, Climate Corp, Skender Construction and Sterling Bay.
About Transwestern Real Estate Services
Transwestern Real Estate Services (TRS) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Tenant Advisory + Workplace Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. An integrated approach formed from fresh ideas drives value for clients across commercial real estate services, development, investment management and opportunistic programs for high-net-worth investors. The firm operates through 34 U.S. offices and global alliances with BNP Paribas Real Estate and Devencore. Learn more at transwestern.com and @Transwestern.
About Commerz Real AG
Commerz Real is a subsidiary of Commerzbank AG with more than 45 years of market experience and approximately 34 billion euros in assets under management. The company combines comprehensive know-how in asset management and a broad-based structuring expertise to deliver its signature range of services of fund products focused on tangibles and bespoke financing solutions. The fund spectrum includes the open-ended real estate fund Hausinvest, the impact fund Klimavest, institutional investment products as well as entrepreneurial participations in real estate and regenerative energy. In its role as leasing company of Commerzbank Group, Commerz Real offers tailored equipment leasing concepts. www.commerzreal.com/en/.