525 West Van Buren is a 16-story, Class-A office building in the West Loop of Chicago with 520,000 sf of rentable area.
The property is located within Chicago’s West Loop and situated within a few blocks of the Eisenhower Expressway and Chicago’s two main commuter stations, Union Station and Ogilvie Transportation Center. The West Loop area has seen significant new development and several relocations of tenants from the suburbs. At the time of Northwood’s investment, the property had been recently renovated to include large windows, a modern lobby, and high ceilings.
Investment Period: October 2012 – August 2015