Mart Parc Orleans

Jones Lang LaSalle (Illinois), L.P. ("JLL"), as exclusive advisor, proudly presents the opportunity to acquire the 100% fee simple interest in Mart Parc Orleans (the "Property" or "Opportunity"). This prime asset combines a high-yielding 567-stall parking structure with 15,103 RSF of urban retail space, boasting an impressive 86.4% retail occupancy rate and 3.7-year WALT. Strategically located in Chicago's vibrant River North, mere steps from the iconic Merchandise Mart, this 1989-built property benefits from an irreplaceable live-work-play ecosystem that fosters a diverse parker mix. The Property offers durable in-place cash flow, while presenting investors the opportunity to significantly increase NOI through a notable retail mark-to-market opportunity and parking operational expense efficiencies. Mart Parc Orleans' flexible DX-5 zoning provides potential investors with the ultimate covered land play, with maximum optionality regarding the Property's future uses.