{"id":1004178049,"date":"2017-05-24T04:04:26","date_gmt":"2017-05-24T12:04:26","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004178049"},"modified":"2022-12-08T19:42:59","modified_gmt":"2022-12-09T03:42:59","slug":"west-loop-self-storage-assets-trade-for-14m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/west-loop-self-storage-assets-trade-for-14m\/","title":{"rendered":"West Loop Self-Storage Assets Trade for $14M"},"content":{"rendered":"<p>By Alexandra Pacurar<\/p>\n<div id=\"attachment_1004178051\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/1230-Washington.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004178051\" data-attachment-id=\"1004178051\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/west-loop-self-storage-assets-trade-for-14m\/1230-washington\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/1230-Washington.jpg\" data-orig-size=\"800,600\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"1230-Washington\" data-image-description=\"&lt;p&gt;1230 W Washington Blvd.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;1230 W Washington Blvd.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/1230-Washington.jpg?w=800\" class=\"wp-image-1004178051 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/1230-Washington.jpg\" alt=\"1230 W Washington Blvd.\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/1230-Washington.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/1230-Washington.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/1230-Washington.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004178051\" class=\"wp-caption-text\">1230 W Washington Blvd.<\/p><\/div>\n<p>SVN Chicago Commercial brokered the sale of three buildings in Chicago\u2019s West Loop. The properties totaling 60,000 square feet traded for $13.5 million. Chad Schroedl, Drew Dillon and Scott Maesel of SVN arranged the deal.<\/p>\n<p>Located at 1230-1242 W Washington Blvd., the buildings are occupied by\u00a0<a href=\"https:\/\/www.commercialsearch.com\/news\/extra-space-storage-buys-honolulu-property-for-29m\/\">storage provider<\/a> Extra Space. According to the company\u2019s website, the West Loop facility offers climate-controlled storage, covered parking for visitors, loading dock, elevator access to upper-level units, electronic gate access and video surveillance.<\/p>\n<p>The properties are situated near several popular residential communities, dining options such as Lou Malnati&#8217;s Pizzeria and the W. E. O&#8217;Neil Construction Co. headquarters.<\/p>\n<p><em>\u201cWhile the West Loop has already seen incredible growth, this transaction demonstrates the increased interest on Washington Street in light of new developments, including McDonald\u2019s new world headquarters, the proposed Hyatt hotel and numerous residential projects,\u201d<\/em> SVN Chicago Managing Director Scott Maesel said in a prepared statement.<\/p>\n<p><em>Image courtesy of SVN<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The sale of the buildings, totaling 60,000 square feet, was mediated by SVN Chicago Commercial. Extra Space Storage occupies all three structures.<\/p>\n","protected":false},"author":236,"featured_media":1004178051,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21743,13,21742],"tags":[35738,33330],"class_list":["post-1004178049","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chicago","category-deals","category-midwest","category-latest","tag-extra-space-storage","tag-svn"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>West Loop Self-Storage Assets Trade for $14M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/west-loop-self-storage-assets-trade-for-14m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"West Loop Self-Storage Assets Trade for $14M\" \/>\n<meta property=\"og:description\" content=\"The sale of the buildings, totaling 60,000 square feet, was mediated by SVN Chicago Commercial. 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