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Straits Row Apartments Begin Leasing in Chicago’s South Loop
Leasing has started Straits Row, a new 18-story rental tower in the South Loop that combines traditional apartments with co-living units.
The property was developed by Q Investment Partners (QIP), a Singapore-headquartered private equity real estate firm, and project partner Melrose Ascension Capital, a Chicago-based private equity real estate development and investment firm.
Located at 633 S. LaSalle St. within the South Loop’s Printers Row neighborhood, the 132-unit hybrid building will offer 358 private, fully furnished residential spaces within its traditional and co-living units. Straits Row will be QIP’s firm’s flagship residential development in the United States.
“Straits Row will set a new standard in attainable urban living with exceptional design and amenities that address the growing demand among those who want to live in this highly desirable quiet pocket near the Loop, where they can walk to work, multiple colleges and Grant Park,” said Peter Young, chief executive officer of QIP. PeakMade Real Estate is the property manager overseeing leasing and building operations.
