October 27th, 2016 6:48 PM by Nour Ailan
Completed in 1929 and significantly renovated from 2014 to 2016, 33 North LaSalle consists of 402,010 square feet of office and prime street-level retail space that is collectively 74.4% occupied today. Due to the varying size of the building’s floor plates from over 18,788 square feet in the base down to approximately 3,186 square feet in the tower, the Property can accommodate the changing space requirements for the majority of tenants in the market. Smaller ‘tower-focused’ tenants are able to secure premium visibility and elevator identity within the building whereas they would be unable to do so in larger assets throughout the CBD market. Today, the building is home to a diverse cross-section of professional services, legal, and education firms, as well as a more recently arrived contingent of creative and technology companies. Vintage buildings like 33 North LaSalle that can offer open and collaborative office layouts at a competitive price point, while catering to a variety of small and medium sized tenants, have been and will continue to be the primary benefactors of the dwindling availability of creative loft space throughout the River North and West Loop submarkets.
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