Chicago-based Glenstar has delivered three spec suites, opened a tenant-only golf simulator amenity with two bays, and completed renovations to common areas and restrooms at Presidents Plaza.
Glenstar acquired the two-tower office complex in an all-cash transaction in October 2024. The 831,442-square-foot property is located at 8600-8700 W. Bryn Mawr Ave., near O’Hare International Airport.
Three spec suites were delivered in August on the sixth and eighth floors of 8700 W. Bryn Mawr Ave, and two have already been leased. Aero Performance Group, a mechanical contracting firm, leased a 9,178-square-foot suite. The Association of Legal Administrators, a professional membership organization supporting law firms and legal department managers, leased a 4,406-square-foot suite.
“After resetting our basis with a strong capital partner, we were able to move quickly to execute our vision for further modernizing the already highly amenitized Presidents Plaza,” said Michael Klein, co-founder and managing principal of Glenstar, which also serves as leasing agent and property manager for the property.
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