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Quartet of Tenants Joins Roster at KBS’ River North Loft Offices

KBS has signed a total of 17,383 square feet in new leases at 213 W. Institute Pl., a loft-office property in River North owned by KBS Growth & Income REIT. Meredith Corporation, Tiesta Tea Company, M1 Financial and Studio Brunstrum have all joined the property’s tenant roster.

JLL’s Amy Berg represented Meredith, Bespoke Real Estate’s Victor Sanmiguel represented Tiesta Tea, Truss Real Estate’s Nicole Weldon represented M1 Financial, Transwestern’s June Simonian represented Studio Brunstrum and Ameritus’ Scott Sessa represented ownership.

“River North’s prime location and walkable amenities play a big part in drawing tenants to 213 W. Institute,” said Dan Park, SVP for KBS and asset manager for the property. “We are excited to welcome the new tenants, and hope they will benefit from the increased work-life balance offered at the property.”

Built in 1908, the 155,385-square-foot property was modernized in 2017. KBS is planning further upgrades.

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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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