March 23, 2022 12:00 PM
Newmark announces the listing of 909 Davis—a six-story, multi-tenant office building in Evanston, Illinois—for sale. Newmark Executive Managing Director Jim Postweiler, Senior Managing Directors Peter Harwood and Derek Fohl and Associate Director Jack Trager are representing the seller in the listing.
“909 Davis offers unparalleled access to transportation in a highly sought-after urban-suburban environment,” said Postweiler. “The seller’s meticulous maintenance schedule and pride of ownership is apparent in this best-in-class office asset.”
The 195,098-square-foot office building has been maintained to the highest standards by institutional ownership and features high-end finishes in a contemporary design. In recognition of 909 Davis’ impeccable operations and maintenance, 909 Davis won BOMA’s 2022 TOBY (The Outstanding Building of the Year) Award. This award is the most prestigious and comprehensive program of its kind, evaluating all facets of the building’s operation including tenant relations, preventative maintenance, community involvement, emergency preparedness and energy conservation.
The property features a diversified tenant roster of traditional and medical office users includes Houghton Mifflin Harcourt, Industrious, Aptinyx, North Shore University Health, Merrick Pet Care, Medpoint Digital and Athletico.
Located at 909 Davis Street, the asset is in the heart of downtown Evanston with unparalleled access to the Evanston Metra and CTA “El” train stops, providing direct public transportation access to downtown Chicago and the region’s highly affluent northern suburbs. Downtown Evanston offers all the modern conveniences of a major city with the advantages of suburban living. Within 10 blocks of 909 Davis are six hotels and over 90 dining and entertainment options. The local economy is anchored by Northwestern University, one of the most prestigious private research universities in the world.
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. Newmark generated revenues in excess of $2.9 billion for the year ending December 31, 2021. Newmark’s company-owned offices, together with its business partners, operate from approximately 160 offices with over 6,200 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
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