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Chicago & Midwest  + Downtown  + Office  |  September 27, 2023
AmTrust Goes Big on Capital Improvements for Two Chicago Offices
Jasmine Kilman
By: Jasmine Kilman

AmTrust Goes Big on Capital Improvements for Two Chicago Offices

AmTrust RE is betting big on the value of improving office amid the flight to quality and the national real estate owner-developer plans to invest $50 million for a capital improvements program at two of its marquee Chicago office properties.

The improvements at One East Wacker and 33 North Dearborn will include hospitality-inspired setting, offering amenities, modern finishes and furniture, and elevated conveniences. This initiative marks the initial stage of the company’s $100+ million commitment to upgrading its Chicago portfolio.

AmTrust has enlisted Stream Realty Partners to manage leasing for its complete Chicago office portfolio, including properties such as One East Wacker, 33 North Dearborn, 111 East Wacker and 233 North Michigan.

“As Chicago’s office market landscape continues to evolve, AmTrust recognizes that today’s corporate decision-makers are investing in exceptional workplace environments, which can spur collaboration, innovation and success,” said AmTrust President Jonathan Bennett.

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AmTrust REStream Realty

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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