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Chicago & Midwest  + Chicago + Downtown  + Office  | 
213 West Institute Place Chicago office building KBS

LifeSpice Ingredients Signs Office Lease with KBS in River North

KBS signed a 16,995-square-foot long-term lease with LifeSpice Ingredients at 213 W. Institute Pl. in downtown Chicago’s River North neighborhood. The seven-story, 155,385 square-foot office property is owned by KBS Growth & Income Real Estate Investment Trust. 

“213 W. Institute Pl. is a unique Chicago asset that offers tenants a great location and a unique combination of contemporary and retro setting,” said Marc DeLuca, Eastern regional president for KBS. “Design and location-wise, it is the kind of building where discerning tenants in this market like LifeSpice Ingredients want to be located.” 

Built in 1888, 213 W. Institute Pl. was originally developed for a bicycle manufacturer that eventually became the car company American Motors Corporation. The property is a vintage brick and timber building with modern office construction that features skyline views and natural light.   

Scott Sessa of Ameritus represented KBS in the lease, its second in Chicago this month. 

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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 16-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 7-10 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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