Anchor Tenant Vacate to 95% Leased in 12 Months.
435 N LaSalle St.
In May 2023, Madison Rose was engaged by Vista Properties to lease 435 N LaSalle in anticipation of an imminent anchor tenant vacancy. Within just 12 months, occupancy surged from 50% to 100%.
The Problem
- Ownership Vista Properties
- May 2023 Madison Rose engaged by ownership
- January 2024 Anchor tenant expires
- 20,100 SF Imminent vacancy
- 40,000 SF Building Staring at 50% occupancy
In Under One Year...
- 2 New leases
- 9.11 Years WALT
- 95% Leased
- Tenants Simple Mills
- Shift
- Health Joy