Peak Realty Chicago (PRC) has signed a five-year lease with Interra, selecting 5,500 square feet in Southport Lofts, a new adaptive reuse development located at 2061 – 2071 North Southport. The expanding company brings 30-plus team members to newly designed office space, marking a claim as the first real estate brokerage to establish offices adjacent to the redevelopment area known as Lincoln Yards.
“Our move to this space is intentional and representative of where we are going as a brokerage and how essential it is to keep ourselves central to the major arteries of the city, so we have ease of access for our team at the forefront of Chicago’s next rapid-growth area,” said PRC president Shane Rachman.
Peak Properties, LLC, PRC’s sister company, has been tapped to manage the mixed-use property, which includes 40,000 square feet of commercial space and 56 luxury apartments that have been leased up.
