REBusinessOnline

LifeSpice Ingredients Signs 16,995 SF Office Lease in Downtown Chicago

KBS owns 213 West Institute Place, which rises seven stories.

CHICAGO — LifeSpice Ingredients, a global research, developer and manufacturer of proprietary seasoning blends for the food industry, has signed a 16,995-square-foot office lease at 213 West Institute Place in Chicago’s River North neighborhood. KBS Growth & Income REIT owns the property, which rises seven stories and spans 155,385 square feet. Built in 1888, 213 West Institute Place was originally developed for a bicycle manufacturer that eventually became the car company American Motors Corp. KBS has made a number of improvements to the property’s common areas, including a 2,000-square-foot tenant lounge. Scott Sessa of Ameritus represented KBS in the lease transaction.

Content Partners
‣ Bohler
‣ Lee & Associates
‣ NAI Global
‣ Walker & Dunlop

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