Koo Architects | Single-Tenant Office Investment
DOWNTOWN CHICAGO
Marketing description
KOO is a Chicago-based architecture, interior design, and urban planning firm. They craft buildings and interior environments that create a unique identity for each project. They create space and atmosphere. They embrace the new, temporal, and experimental while staying mindful of the technical rigors that experimentation requires. KOO’s talented architects and interior designers all participate in design thinking. All members of the staff contribute ideas and inspiration for projects in a collaborative studio environment. The creativity and dedication of each person is fundamental to the success of Their projects. KOO is a certified Minority Business Enterprise (MBE), Women’s Business Enterprise (WBE), Disadvantaged Business Enterprise (DBE), and a member of the US Green Building Council.
Investment highlights
GOOGLE BUYS NEIGHBORING THOMPSON CENTER The Property is just 350 feet away from Google’s newest real estate acquisition, the James R. Thompson Center. Google is expected to invest $280 million into upgrading the 425,000 square foot building and plans to move thousands of employees to the location. Google opening a massive office adjacent to the Property will bring additional jobs and offices to the immediate area with the improved infrastructure and ancillary businesses centered around the tech giant.
RARE + ICONIC WACKER DRIVE OPPORTUNITY The Central Loop and more specifically Wacker Drive host many of the World’s most well-known and prestigious corporations. The opportunity enables an investor the exceptionally rare occasion to acquire a piece of 55 West Wacker, positioned on the Chicago riverfront and considered among the best-in-class office locations in all of Chicago.
TRANSIT + WALKER’S PARADISE The Investment stands as one of the most well located, transit-oriented office buildings in all of downtown Chicago as it boasts immediate access to a large selection of public transportation options, including being mere steps from both the Clark/Lake and State/Lake CTA “L” Stations servicing the Blue, Brown, Green, Orange, Pink, and Purple Lines. The Property also sits adjacent to Chicago’s Water Taxi service and nearly a dozen CTA bus lines. The investment boasts a perfect 100/100 Walk Score and 100/100 Transit score as it offers world class transportation and daily errands do not require a vehicle.
NEXT TO THE CHICAGO RIVERWALK The Property is adjacent to the new $150-million Chicago Riverwalk which boasts 1.25 miles of riverfront parkway that includes a variety of entertainment venues and concessions, hosting approximately 2.8 million visitors annually.
OUTSTANDING DEMOGRAPHICS The daytime population within 1-mile is approximately 490,000 and the average annual household income exceeds $152,000.
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