CHICAGO, June 1, 2017 /PRNewswire/ -- South Street Capital, a Chicago-based, privately controlled real estate investment, development and management company, today announced the execution of a long term lease with Greyhouse Coffee & Supply Company at its 100 Northwestern Avenue building near Purdue University in West Lafayette, IN.
Greyhouse Coffee & Supply Company has been the anchor tenant at 100 Northwestern Avenue, locally known as the Miller Building, since 2008. "Upon acquiring 100 Northwestern Avenue we immediately entered into conversations with Greyhouse Coffee in hopes of retaining them as our anchor tenant. We also hoped to assist them in expanding their already robust business footprint near Purdue University. This newly executed lease will help them to grow their operations and continue to serve the West Lafayette community. We are very excited for the entire Greyhouse Coffee team," said Marc Muinzer, founder of South Street Capital.
The acquisition of 100 Northwestern Avenue was the most recent of several joint ventures between South Street Capital and T2 Capital Management. Prior joint ventures between the two firms have focused on repositioning properties near Purdue University and in downtown Chicago.
About South Street Capital:
South Street Capital is Chicago-based, privately controlled real estate investment, development and management company founded in 2002 by Marc Muinzer. We acquire, reposition, design, develop, lease and manage real estate with an expertise in niche asset classes including student housing, creative office and urban retail. Our track record spans over 1.5 million square feet of acquisitions and ground-up developments throughout the Midwest. Muinzer Partners, an affiliate of South Street Capital, executes property management, asset management, development and leasing responsibilities for the South Street Capital portfolio. Please visit www.southstreet.me and www.muinzer.com for additional information.
About T2 Capital Management:
T2 Capital Management is an opportunistic, privately held real estate investment firm based in the Chicago suburbs. Since its founding in 2011, T2 has invested $350+ million across the entire capital stack and among virtually all property types. The firm has created a niche in swiftly executing investments of $1-10 million on properties across the USA, but predominantly located within the Midwest. Please visit www.t2investments.com for additional information.
Marc Muinzer, South Street Capital, Founder
Michael Snyder, South Street Capital, Director of Acquisitions
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SOURCE South Street Capital