213 W Institute Place
213 W Institute Place

213 West Institute Place is the ideal fusion of contemporary office architecture and antique brick and wood. The building’s excellent design is complemented by nearby dining, entertainment, accommodation, and transportation options.

213 W Institute Place

It was built in 1888 for the Gormully & Jeffery Manufacturing Company, 213 W Institute was the home of the popular “Rambler” bicycle brand. Which at the time was the second largest bicycle manufacturer in the United States.

Thomas B. Jeffery, the company’s founder, sold the business to the American Bicycle Company in 1900 so he could concentrate on vehicles. What will eventually develop into the American Motors Corporation had just begun (A.M.C.).

Along with the impressive architecture of the structure, there are nearby hotels, restaurants, pubs, shops, and transportation options.

The Institute building is a historic brick and timber loft office structure that formerly housed the bike manufacturing company Gormully & Jeffery Mfg. Co. The historic building just had a complete refurbishment that cost over $6.3 million in capital upgrades.

Since 2015, the building has had its roof replaced, its lobby renovated, its corridors upgraded, a new fire panel installed, a freight elevator installed, and tenant-specific HVAC coils and units replaced. These improvements have helped the building become a best-in-class brick and timber structure while also keeping the current tenants and raising rents to market rates. Along with the refurbishment, the building also has a 32-stall on-site parking lot, a unique benefit in the neighborhood.

About The Owner Of 213 West Institute Place

The KBS team, which was established in 1992 by Charles J. Schreiber and Peter Bren, consists of real estate experts with years of practical expertise.
In some of the most prosperous markets in the nation, KBS purchases and manages great commercial real estate. With a consistent focus on exceeding the expectations of our investors, partners, and renters, we are dedicated to our business ethics and connections.

To know more about them Visit KBS

Where 213 West Institute Place Is Located

The 213 W institute is located in Chicago, Illinois USA

Visit their official website Here

You can also check Renaissance Admissions Consulting 

By Admin

The CEO of GISTERZ MEDIA. Am also a full-stack web developer with over a year of experience.

Leave a Reply

Your email address will not be published. Required fields are marked *