Chicago & Midwest + Downtown + Office | April 16, 2021

Cawley Team Closes Sale of Kinzie Corridor Mixed-Use

Cawley Chicago arranged the recent sale of 1640 W. Hubbard St. in Chicago’s Kinzie Corridor for an undisclosed sum. The facility consists of approximately 35,866 square feet of mixed-use space including flex, distribution, gallery and creative loft office.

The Cawley Chicago Urban Development team, consisting of principals Zach Pruitt and Frank Melchert alongside team members Brenten Blakeman and Nicholas Schaefer, represented the owner, Kaufman Jacobs, in this transaction.

“This deal is significant to the market and the neighborhood, respectively,” said Pruitt. “The sale of 1640 Hubbard reaffirms buyers are out in the market. Deals are happening, and the velocity in the Kinzie Corridor is right where it left off.”

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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).

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