{"id":1004311604,"date":"2019-03-27T09:11:07","date_gmt":"2019-03-27T17:11:07","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004311604"},"modified":"2025-02-28T00:03:25","modified_gmt":"2025-02-28T08:03:25","slug":"svn-brokers-chicago-loft-office-building-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/svn-brokers-chicago-loft-office-building-sale\/","title":{"rendered":"SVN Brokers Chicago Loft Office Building Sale"},"content":{"rendered":"<div id=\"attachment_1004311616\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/2201-S.-Halsted-St.-.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004311616\" data-attachment-id=\"1004311616\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/svn-brokers-chicago-loft-office-building-sale\/2201-s-halsted-st\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/2201-S.-Halsted-St.-.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;2.2&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;iPhone 6 Plus&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1512574383&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;4.15&quot;,&quot;iso&quot;:&quot;32&quot;,&quot;shutter_speed&quot;:&quot;0.0029325513196481&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"2201 S. Halsted St.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;2201 S. Halsted St.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/2201-S.-Halsted-St.-.jpg?w=800\" class=\"wp-image-1004311616 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/2201-S.-Halsted-St.-.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/2201-S.-Halsted-St.-.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/2201-S.-Halsted-St.-.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/2201-S.-Halsted-St.-.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004311616\" class=\"wp-caption-text\">2201 S. Halsted St.<\/p><\/div>\n<p>A team of brokers from SVN Chicago has arranged the sale of a 100,544-square-foot brick loft office building in Chicago\u2019s Pilsen neighborhood. Vice Presidents Angelo Labriola and Paul Cawthon of the Cawthon-Labriola Group of SVN Chicago represented the seller while Advisors Stephen Cusano and James Mead represented the buyer. The deal closed at $5.4 million.<\/p>\n<p>The office property is located at 2201 S. Halsted St., off interstates 90 and 94. A few blocks away are Lacuna Lofts and Mural Park, a former industrial building that Condor Partners <a href=\"https:\/\/www.commercialsearch.com\/news\/belgium-food-science-company-coming-to-chicago\/\">has recently turned into office<\/a>. The building features a parking lot in the rear and provides access to Orange Line and Metra stations.&nbsp;<\/p>\n<p>&#8220;<em>The potential expressway signage creates opportunity for a large tenant to have great signage visibility and for new ownership to create additional value-add,<\/em>&#8221; said Labriola in a prepared statement.&nbsp;<\/p>\n<p>According to PropertyShark, the previous owner bought the asset in 2014 for $2.6 million. Formerly an industrial building, the property was converted to office after the sale.&nbsp;<\/p>\n<p><em>Image courtesy of SVN<\/em><\/p>\n<p><em>If you\u2019d like to be featured in Brokers\u2019 Corner, send your deal to&nbsp;<strong><a href=\"mailto:deals@cpe-mhn.com\">deals@cpe-mhn.com<\/a><\/strong>.&nbsp;<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Angelo Labriola and Paul Cawthon of the Cawthon-Labriola Group of SVN Chicago represented the seller while Advisors Stephen Cusano and James Mead represented the buyer.<\/p>\n","protected":false},"author":30,"featured_media":1004311616,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21743,21783,13,21742,21747],"tags":[33330],"class_list":["post-1004311604","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chicago","category-deals","category-investment","category-midwest","category-latest","category-office","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>SVN Brokers Chicago Loft Office Building Sale - 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\/svn-brokers-chicago-loft-office-building-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SVN Brokers Chicago Loft Office Building Sale\" \/>\n<meta property=\"og:description\" content=\"Angelo Labriola and Paul Cawthon of the Cawthon-Labriola Group of SVN Chicago represented the seller while Advisors Stephen Cusano and James Mead represented the buyer.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/svn-brokers-chicago-loft-office-building-sale\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-27T17:11:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-28T08:03:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/2201-S.-Halsted-St.-.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Roxana Baiceanu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/svn-brokers-chicago-loft-office-building-sale\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/svn-brokers-chicago-loft-office-building-sale\/\",\"name\":\"SVN Brokers Chicago Loft Office Building Sale - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/svn-brokers-chicago-loft-office-building-sale\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/svn-brokers-chicago-loft-office-building-sale\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/2201-S.-Halsted-St.-.jpg\",\"datePublished\":\"2019-03-27T17:11:07+00:00\",\"dateModified\":\"2025-02-28T08:03:25+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/b9dffbe4e6d3437c6ee209677f7462f2\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/svn-brokers-chicago-loft-office-building-sale\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/svn-brokers-chicago-loft-office-building-sale\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/svn-brokers-chicago-loft-office-building-sale\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/2201-S.-Halsted-St.-.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/2201-S.-Halsted-St.-.jpg\",\"width\":800,\"height\":620,\"caption\":\"2201 S. 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