High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
Chicago & Midwest  + Downtown  + Apartments  | 

Q Investment Partners, Melrose Ascension Capital Open Straits Row Residential Tower

Q Investment Partners (QIP), a Singapore-headquartered private equity real estate firm, along with project partner and co-developer Melrose Ascension Capital (MAC), a Chicago-based private equity real estate development and investment firm, recently celebrated the grand opening of Straits Row, a new 18-story rental tower combining traditional apartments with co-living units in Chicago’s South Loop.

Located at 633 S. LaSalle St. within the Printers Row neighborhood, the 132-unit hybrid building offers 358 private, fully furnished residential spaces within its traditional and co-living units. The building welcomed its first residents in February.

QIP sponsored the development and collaborated with MAC as its local partner to co-develop, reposition and revamp the original plan for the site, previously acquired from PMG and The Collective.

“We’re proud to celebrate the grand opening of Straits Row alongside our collaborators, MAC and project partners. This is an important milestone that marks QIP’s continued expansion of our global residential living platform,” said James Coppack, head of development at QIP.

Don’t miss the Lifetime Achievement Award Presentation and Keynote Interview with Greg Mutz, Chairman & CEO of Amli Residential Partners, LLC and Keynote Interviewer Fred Schreiber, Chief Operating Officer at Connect Midwest Multifamily on June 4, 2025, at The Midland Hotel, Chicago, IL. Register Today to network with your peers!

Connect

Inside The Story

QIPMAC

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.

New call-to-action
New call-to-action
New call-to-action