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CBRE Completes Retail Lease in Chicago’s Gold Coast
CBRE has completed a 32,000-square-foot retail lease with Club Studio at Newberry Plaza on behalf of landlord 11 East Partners and Blackbird Investment Group. The transaction marks the third lease completed at the redevelopment of the building’s retail base, known as Newberry on the Triangle.
CBRE’s Luke Molloy, Danny Jacobson, and Stephen Ansani represented 11 East Partners and Blackbird Investment Group in the transaction. Club Studio will occupy a majority of the second floor and all of the third floor of the retail space at the base of the 53-story Gold Coast residential tower.
The lease joins previously announced commitments from Anthropologie, which signed a 16,000-square-foot lease on the building’s first floor, and Canadian restaurant group Moxies, which is bringing a 13,600-square-foot dining concept to the property.
“The Newberry redevelopment is meaningfully elevating the retail and experiential offering in the Gold Coast,” said Jacobson. “By introducing a best‑in‑class fitness operator alongside destination retail and dining, this project strengthens the neighborhood’s position as a premier mixed‑use submarket.”
