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

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Chicago & Midwest  + Downtown  + Retail  | 

Fully-Leased Mixed-Use Changes Hands in Fulton Market

Greenstone Partners closed the sale of a 100% leased mixed‐ use property at 937‐939 W. Randolph St. along Restaurant Row in the Fulton Market / West Loop neighborhood. Terms weren’t disclosed.

Danny Spitz, CEO and Managing Partner at Greenstone, represented the buyer and Vicki Soupos of ReMax/Destiny exclusively represented the seller. “There was some turnover during the past year during the pandemic; however, with an unbeatable location and optimal sized spaces on Randolph Street, the vacancies were filled immediately,” said Spitz.

One of the vacancies filled in the mid‐block property along Restaurant Row was by Stephanie Izard’s new test‐kitchen and event space that opened in 2021, along with the adjacent retail leased since 2016 by Ora Dental.

The buyer, a private out‐of‐state investor, bought the 9,000-square-foot building as a long‐term investment based on the location and quality of the building and tenants.


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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 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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