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Chicago & Midwest  + Downtown  + Apartments  |  January 13, 2025
Jasmine Kilman
By: Jasmine Kilman

Streeterville MXU Development Fully Stabilized With 45K-SF Lease

Saint Grand, a co-development and joint venture between Mavrek, Double Eagle Development, Luxury Living, and GW Properties, announced that Club Studio Fitness had signed a lease for 45,000 square feet spanning the 1st, 4th, and 5th floors of the building at 535 N St. Clair.

Adam Pines and Matt Pistorio of Madison Rose represented Mavrek, while Robert Sevim andCullen Hurley of Savills, along with Ted Slaughter and John Kalamaras of Real Source, represented Club Studio Fitness in securing this flagship deal. Retail leasing efforts were led by Elan Rasansky and Anthony Campagni on behalf of the development team.

The development has also reached 95% occupancy in residential rentals within six months of obtaining its final certificate of occupancy. Additionally, the entire ground-floor retail space is fully leased. “The development team is thrilled with the addition of Club Studio Fitness,” said Adam Friedberg, CEO of Mavrek. “This deal fulfills our vision when the project was conceived.”

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MavrekDouble Eagle DevelopmentLuxury LivingGW Properties

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.
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