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New Restaurant Concept Comes to Near North Neighborhood
Leslie Karr and Lorile Herlihy of SVN Chicago Commercial recently negotiated the 10-year lease of a new restaurant, Lady May, a Garrett Hospitality Group concept, a 405 N. Wabash in downtown Chicago’s Near North neighborhood. They represented the landlord and were the only brokers involved in the transaction.
The “Eatery & Cocktail Parlor” serving Southern coastal fare replaces the Beacon Tavern. The bi-level, 6,700-square-foot space features river views and is situated steps from Michigan Avenue, Wrigley Plaza and NBC Towers.
The property will also feature a Chicago outpost of the Michelin-starred omakase concept Sushi|Bar, which reportedly has become one of the country’s most sought-after dining experiences. It’s set to open in late 2022.
- ◦Lease