Younan Properties Inc. has hired a local leasing agent to primp its 1.6-million-square-foot Chicago-area office portfolio as the California firm prepares to go public early next year.
Dan Svachula, most recently a vice-president of leasing with Transwestern, will be Younan's regional leasing manager in Chicago, where the company owns the 30-story tower at 200 N. LaSalle St. and seven suburban office properties. ..
... It's clear that Younan is really looking to change its strategy in suburban Chicago,” says Kevin McLennan, a senior managing director in the local office of Studley Inc., who notes Younan found itself “in a period of trouble” with looming debt on several assets. “I think they're trying to work their way out of it.”...
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