Connect Midwest: Multifamily Adaptive & Reuse Trends – Chicago June 13

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Barstool Sports Leases Space on Near West Side to Move Some Operations from NYC

Barstool Sports has leased most of a warehouse property just west of the Fulton Market District, where the media company will move some operations from New York City later this year, reported Crain’s Chicago Business. Known for its sports and entertainment podcasts, Barstool recently signed a deal for around 40,000 square feet at 400 N. Noble St.

The deal fills up the remainder of a building that a venture of Fulton Market developer Shapack Partners and Magnetar Capital founder Alec Litowitz bought in 2019 for $6.5 million, according to Crain’s. Shapack signed a 17,000-square-foot lease in the building last year with NanoGraf, a battery technology company co-founded by Samir Mayekar, now a deputy Chicago mayor.

Hosts of Barstool Sports’ popular “Pardon My Take” podcast described plans for the new Chicago site during a March 1 episode. The new office is slated to include a full-size basketball court, a golf simulator, music recording and kitchen studios, and other space for content creation.


Inside The Story

Shapack Partners

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 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).

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