At Enwave

Enwave Chicago Asset Makes Property an Investment Opportunity

Enwave Chicago’s P-1 chilled-water plant occupies more than 50,000 sq ft at State and Adams. As reported on REJournals.com, Newmark Grubb Knight Frank (NGKF) recently announced that it has been appointed as the broker in the sale of the land on which the plant resides. 

Geoffrey Kasselman, SIOR, executive managing director and head of NGKF's national industrial practice, said, "Located in the heart of Chicago's Central Business District, this Property provides energy and resources to over a hundred other institutional properties in the Loop, making this a strong investment opportunity."

Enwave Chicago holds a long-term ground lease at the property through 2043. The property’s ground floor is leased to CVS Pharmacy.

 
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