Condor Partners has signed 5 Rabbit Cerveceria to a 12,000-square-foot lease in Pilsen.
The Bedford Park-based beer maker plans to open a small-batch brewery and restaurant in the former warehouse at 1901 South Sangamon Street that Chicago-based Condor is redeveloping into offices, according to the Chicago Tribune.
5 Rabbit is leasing about 5,000 square feet on the ground floor and 7,000 square feet in the basement for the brewing operation, Condor partner Michael McLean told the Tribune. 5 Rabbit also will continue brewing at its suburban facility.
Condor was represented in the lease by brokers Jose Gonzalez and Joaquin Manriquez of JLL.
Condor Partners is redeveloping two former lumber storage buildings on South Sangamon, each of which have about 100,000 square feet of space. The $50 million project, called Mural Park, will include an outdoor art gallery in a plaza between the two buildings.
Condor’s other projects include an 11-story, 184-key hotel planned on Wells Street in Old Town, and an assisted living facility in Evanston. [Chicago Tribune] — John O’Brien