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Chicago & Midwest  + Downtown  + Office  |  August 23, 2019
Paul Bubny
By: Paul Bubny

Colliers Tapped to Manage Stanton Road’s First Downtown Property

Fresh off its first downtown Chicago acquisition, the former Borg-Warner Building at 200 S. Michigan Ave., Los Angeles-based Stanton Road Capital (SRC) has awarded Colliers International Chicago the property management and engineering assignments for the Class A office property.  Colliers will also provide construction management oversight on select capital projects.

“We are pleased to continue our relationship with Colliers at our newest asset in Chicago,” said Tim Ronan Jr. at SRC, which also owns three Colliers-managed properties in the suburbs. “They are an excellent partner who we trust to assist in implementing our investment plan.”

SRC acquired the circa-1955 200 South Michigan in July, and will invest significant capital into the building. Plans call for an upgraded lobby, a new spec suite program and improved tenant lounge and fitness facility.
“We are proud to be working alongside Stanton Road Capital at this notable asset,” said Colliers Chicago COO Phil Stafford.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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