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Rhaeos Signs Lease at TCC’s Chicago Fulton Labs

Trammell Crow Company has signed a new lease at its Fulton Labs life science campus for Rhaeos.

The clinical-stage medical device technology company will occupy 7,344 square feet within a lab-ready graduation suite on the fifth floor of 400 North Aberdeen in Chicago’s Fulton Market neighborhood.

Dan Lyne of CBRE represented TCC in the deal, while Andria Winters and James Otto, also of CBRE, represented Rhaeos. The space represents a relocation and expansion of the company’s headquarters and laboratory, which was previously in Evanston. Rhaeos moved into 400 North Aberdeen in January 2025.

“In spite of a difficult national leasing market, we’ve had tremendous success leasing our lab-ready graduation spaces to growing start-ups and institutions in the market,” said Morgan Baer Blaska, Vice President with TCC Chicago.

The company joins a roster of tenants, including Portal Innovations, Mattiq, the Chan-Zuckerberg BioHub, the Chicagoland Climate Investment Alliance, and the Illinois Institute of Technology.

Read More News Stories About: CBRE, Trammell Crow
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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.