Ascentris outlines capital improvement plans to elevate the tenant experience in the Central Loop.
Ascentris, a Denver-based private equity firm, made its first investment into the Chicago office market earlier this year with the acquisition of 120 North LaSalle, in partnership with Lincoln Property Group.
A modern amenity package, including a roof deck, tenant lounge, and upgraded fitness center, is slated for the well-located, transit-friendly office tower. Ownership also plans to modernize the elevator systems and update the façade.
Alongside these capital improvements, Ascentris is pursuing Wired Certification to pledge seamless connectivity to both existing and future tenants to support the planned amenity overhaul. Both of which are key differentiators amongst the Central Loop's more traditional office inventory.
Once the upgrades are complete, 120 North LaSalle will deliver an amenity-rich, tech-forward, collaborative atmosphere to its diverse mix of office tenants.
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About Christine Torres, WiredScore Head of Chicago
Christine began her career as a tenant rep broker for Colliers International and MB Real Estate. There, she saw leasing teams struggle to effectively respond to increasingly sophisticated tenant connectivity requirements. As Head of Chicago for WiredScore, Christine leads the adoption of Wired Certification in the Chicago market to solve this issue for tenants and property owners.
Want to learn more about Wired Certification in Chicago? Contact us today