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Chicago & Midwest  + Illinois  + Apartments  | 

298-Unit Apartment Community in Chicago’s Printers Row Acquired

Chicago-based Draper and Kramer, Inc., along with equity partner Intercontinental Real Estate Corp., expanded its Chicago-area portfolio with the acquisition of Burnham Pointe, a 28-story, 298-unit rental building in Chicago’s Printers Row neighborhood. The off-market transaction with seller Crescent Heights was brokered by the Chicago office of HFF.

Draper and Kramer’s Blas Puzon says, “With its location in the heart of Printers Row, which continues to be a vibrant, sought-after area thanks to its eclectic, urban vibe, proximity to downtown employers, and strong renter demographics, Burnham Pointe presented an ideal investment opportunity to expand our Chicago portfolio.”

Located at 730 S. Clark St., the 2008-built property includes a mix of large one- and two-bedroom units, as well as 14,391 square feet of ground-level retail and restaurant space. The 96%-occupied property offers residents a walkable lifestyle near shopping and dining options, the financial district, the Loop, South Loop, Grant Park, Millennium Park, as well as multiple transit stations.

HFF’s team included Sean Fogarty, Marty O’Connell, Wick Kirby and Kevin Girard.

For comments, questions or concerns, please contact Dennis Kaiser

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Inside The Story

Connect With Draper and Kramer’s PuzonConnect With Crescent HeightsConnect With HFF’s Fogarty

About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition
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