Current Portfolio

Ameritus continues to grow its commercial real estate investment portfolio through the acquisition of high quality office, industrial, and retail assets in greater Chicago, St. Louis and Southeast Wisconsin.  Our case studies illustrate the value Ameritus brings to each of the projects it pursues.  Whether it be through a revitalized marketing approach or significant renovation of a building, Ameritus’s primary focus is on value creation.

205 W. Wacker Dr., Chicago, IL
270,000 SF CBD Office
Acquired June 2013
Acquisition Price $22.75M
Business Plan: $15M renovation and lease-up from 55% Occupancy.

Office Courts of the North Shore, North Sub Chicago, IL
204,000 SF Suburban Office Portfolio (5 Assets)
Acquired May 2015
Acquisition Price $17.0M
Business Plan: Rebranding and professional management implementation. Spec Suites.

211 W. Wacker Dr., Chicago, IL
159,000 SF CBD Office Condominium
Acquired August 2004
Acquisition Price $20.0M
Business Plan: $4M renovation and conversion to office condominiums.

knight
The Knight Building, Chicago (West Loop), IL
112,000 SF Creative Office
Acquired August 2015
Acquisition Price $19.35M
Business Plan: Lobby and Corridor renovation.
Conversion of 1st floor office to retail use. Mark rent roll to market rent.

NW Corner Shot
213 W. Institute Place, Chicago (River North), IL
152,000 SF Creative Office
Acquired February 2015
Acquisition Price $24.75M
Business Plan: Lobby and corridor renovation and market-to-market of rent roll.

Rand Center, Des Plaines (O’Hare), IL
136,000 SF Flex Industrial
Acquired May 2015
Acquisition Price $4.2M
Business Plan: Address deferred maintenance, build turn-key suites, and increase occupancy from 75%.

218 W. Chicago Ave., Chicago (River North), IL
8,000 SF Parking Lot & Billboards
Acquired May 2015
Acquisition Price $3.25M
Business Plan: Bolt-on acquisition to 213 WIP.
Covered land investment.

Hastings Center, Chicago (IMD), IL
150,000 SF Office - IMD
Acquired December 2015
Acquisition Price $14.2M
Business Plan: $4M renovation and acquisition of additional parking. Address near-term tenant rollover.