CHICAGO, IL, May 12, 2008--The Chicago office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it has been named to market for sale 2222 South Indiana, a 78,000-square-foot land site (aerial photo above) in downtown Chicago, Illinois.HFF senior managing director Matthew Lawton (top right photo) and director Daniel Kaufman will lead the investment sales team on behalf of the seller, McHugh Construction.
2222 South Indiana is a 1.8-acre development site located immediately adjacent to Chicago’s 2.2 million-square-foot McCormick Place Convention Center (photo at left below).
Situated directly west of the entrance to the McCormick Place West Building, the site is bounded by South Michigan Avenue, South Indiana Avenue, East Cermak Road and 23rd Street in close proximity to the Museum Campus, Soldier Field, Grant Park and Chicago’s central business district.
It is well-positioned as a hotel, residential and/or mixed-use development site.
“McCormick Place Con
vention Center is the largest convention facility in the United States attracting over two million trade and public show visitors per year.
“McCormick Place Con
vention Center is the largest convention facility in the United States attracting over two million trade and public show visitors per year. The West Building expansion is adding 710,000 square feet of additional meeting space and is expected to generate more than 300,000 new hotel room bookings per year,” said Kaufman. “The 2222 South Indiana development site is an excellent opportunity for a large scale hotel-oriented development.”
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