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AmTrust Plans $100M Reinvestment in Loop Office Portfolio

AmTrust Realty Corp. will invest approximately $100 million over the next two years in its Chicago office portfolio, consisting of six million square feet across seven buildings located in the Central and East Loop. A JLL team led by Melissa Rubenstein has been selected by AmTrust to lease the properties, which include Illinois Center (233 N. Michigan Ave. and 111 E. Wacker Dr.), One E. Wacker, 30 N. LaSalle St., 33 N. Dearborn St. and 33 W. Monroe St. 

Newly appointed AmTrust president Jonathan Bennett will lead capital improvement efforts and oversee leasing for the portfolio along with Anne Holker, who was recently promoted to AmTrust’s managing director of leasing and acquisitions. 

“With AmTrust’s long-term commitment to the city and tenants within our portfolio, we have an opportunity to reinvest in these buildings to create a modern and engaging work environment that will appeal to today’s workforce,” said Bennett.   

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Inside The Story

AmTrust RealtyJLL's Rubenstein

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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).

  • ◦Lease
  • ◦Development