CHICAGO, April 11, 2017 /PRNewswire/ -- Golub & Company and Diversified Real Estate Capital today announce that they have completed a transaction with Chase Bank to open a retail branch at the new Sienna apartment community, located in Streeterville at 423 Ohio Street. The new branch will occupy 3,600 square feet on Sienna's ground level and represents a relocation of a branch from approximately two blocks south. It is expected to open in spring 2017. Sienna, which opened to residents in September 2016, offers 50 best-in-class, boutique apartments and features spacious, contemporary design amidst the lively Streeterville neighborhood.
"We're pleased to continue our relationship with Chase Bank, which began when they located their branch in Orrington Plaza in Evanston," said Golub & Company President and CEO Michael Newman. "At Sienna, residents enjoy intimate surroundings with all the benefits of a downtown location; adding a neighborhood Chase branch makes living at Sienna and other buildings nearby even more convenient."
Chase was drawn to Sienna by its pedestrian-friendly location near businesses, retail, and entertainment destinations, as well as by the building's community-oriented attributes. Sienna's amenities include a furnished rooftop deck with grilling stations, a fitness center, smartphone video intercom system at the building's main entry, automated package pick-up system, bike storage, a dog run and pet grooming station, and Wi-Fi in common areas. For more information about the building, visit www.siennachicago.com.
About Golub & Company LLC Since its founding more than 55 years ago, with three generations of professionals working in the business, Golub & Company has built a strong reputation as a trusted co-investor and developer with its many institutional and private capital partners. It's a reputation based on track record; Golub and its affiliates have owned, leased or managed more than 50 million square feet of commercial, mixed-use and multifamily real estate properties, including 45,000 residential units, valued in excess of $10 billion located across the United States and internationally. Access more information by visiting www.golubandcompany.com.
About Diversified Real Estate Capital, LLC Diversified is a real estate investment company founded in 2003 by Larry Levy, Mike Miller and Jeff Cherner. The company partners with top tier developers and owners to provide equity for institutional quality real estate investments. Diversified is funded by high net worth family office investors seeking above market returns. Since its inception the company has developed and owned over $2 Billion worth of real estate nationwide. www.drecapital.com