420 E. Ohio, located in Chicago, IL, was acquired in 2016. Originally built in 1991, 420 E. Ohio is a 40-story, 263-unit apartment building featuring a mix of unit types and floorplans including studios, one-, two- and three-bedroom apartments and a full suite of amenities. In 2016, Gerding Edlen executed a value add strategy at the property which included an extensive renovation of select units and amenity spaces and new sustainable operations practices. The property is centrally located in the Streeterville neighborhood of Downtown Chicago, right off Navy Pier in a quiet pocket amidst major corridors of activity, and one block from the 18-mile lakefront walking/biking bath. 420 E. Ohio is also within walking distance to many of the City’s major demand drivers including the Northwestern Memorial Hospital campus, “Magnificent Mile” Michigan Avenue shopping district and the Chicago CBD. Gerding Edlen successfully acquired and renovated the property and is now re-leasing and managing the asset.