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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.
- ◦Lease
- ◦Development
