111 Point, an office-to-apartment conversion, has surpassed the 65 percent leased milestone, with 100 of its 153 luxury apartment residences now leased since pre-leasing kicked off in April and the property first welcomed residents in May.
Designed by Pappageorge Haymes Partners and developed by Path Construction and WindWave Real Estate, with Path also serving as the project’s general contractor, 111 Point transformed a former office building—previously occupied by Salesforce and WeWork—into modern luxury residences across floors 5 through 10.
“We have been thrilled with the market’s response to 111 Point,” said Jon Cordell, Managing Partner at WindWave Real Estate. “This adaptive reuse development seamlessly blends modern design with urban convenience, offering residents condo-quality finishes, an exceptional location, and a thoughtfully curated amenity package.”
Cushman & Wakefield provides property management services for the property, and Luxury Living leads the leasing and marketing efforts. Located at 111 W. Illinois St., each unit features 10- to 11-foot ceilings, expansive windows, walk-in closets, and in-unit laundry.
If you’re reading about the multifamily industry, you should be in the room with its leaders. Connect Apartments brings together the executives featured in Connect CRE’s coverage for an afternoon of high-level insights and unmatched networking on September 22 at The Biltmore in LA.
JLL Capital Markets arranged acquisition financing for Lightstone’s purchase of 323 W. 96th St., a 174-unit multifamily property on Manhattan’s Upper West Side. Senior managing director Peter Rotchford and managing director Michael Shmuely worked on behalf of Lightstone to secure the financing from MF1, a wholly owned subsidiary of Berkshire Residential Investments. Lightstone is acquiring...
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The National City Investment Group, a locally owned, privately held real estate investment company, recently broke ground on Market View, a 120-unit multifamily residential community located at 303 Highland Ave. in National City. The development will transform an underutilized parking lot adjacent to Manolo Farmers Market, which has served National City for more than 33...
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Levin Johnston of Marcus & Millichap recently completed the sale of First Street Manor, a 39-unit apartment community in San Jose. Executive managing directors Adam Levin and Robert Johnston, along with senior director, investments Cole Simpson, represented the seller and procured the buyer in the $9.112-million transaction. The Levin Johnston team demonstrated the asset’s upside...
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