Friedman Properties, Ltd. is one of Chicago's most respected real estate companies and a nationally recognized leader for its pioneering practice of civic-minded development and preservation.
With a portfolio of more than 50 properties throughout the Chicago area, the company owns and manages more than 4 million square feet of space including many of the city's most recognizable landmark buildings. The centerpiece of the company's holdings, River North's thriving Courthouse District, is among the largest privately owned collections of historic buildings in the country.
Since its founding over 35 years ago, Friedman Properties has been the driving force behind the transformation of Chicago's River North neighborhood surrounding its downtown headquarters. Once considered one of the city's most notorious slum districts, River North has become a sought-after residential address and downtown Chicago's most desirable 24 hour destination. One of River North's most prominent advocates, Friedman Properties is credited with cultivating the neighborhood's vibrant atmosphere through partnerships with the city's leading restaurants, hotels, artists, and entrepreneurs.
As the neighborhood evolves, Friedman Properties continues to expand its vision for the community with nearly $1 billion in new construction planned over the next five years including office, hospitality, retail, residential, and parking space. The company's current developments - a Silver LEED certified, Class A office building and two new Marriott hotels - will further the diverse mix of uses that give the neighborhood its unique flair.
Friedman Properties' achievements in using historic preservation and adaptive re-use as the catalyst for revitalizing urban areas have earned the company national acclaim. River North's central landmark, the old Cook County Criminal Courts building, rests on the history steeped site of the Haymarket riot trials and saw some of the most infamous cases in the city's chronicles tried within its walls. Now one of the area's most distinguished addresses, the building's one-of-a-kind spaces are outfitted with state-of-the-art technology and modern amenities to accommodate businesses' 21st century needs.
More recently, Friedman Properties' stunning restoration of Medinah Temple and Tree Studios saved two internationally renowned architectural treasures, once listed by the World Monuments Fund among the top hundred most endangered sites around the globe, and brought new economic vitality to a lagging area of Chicago's high profile, Near North neighborhood. The project, made possible through a groundbreaking partnership with the City of Chicago and the State of Illinois, has been widely praised as an important model for how public-private partnerships can be used to enable preservation.
The forward thinking philosophy that characterizes Friedman Properties' restoration and redevelopment work in Chicago's downtown area also shapes the company's approach to new development throughout the city and suburbs. Innovative design, creative leasing models, and excellence in tenant services make Friedman Properties' buildings thriving centers of commerce and the hallmark of the best the Chicago real estate market has to offer.
Today, Friedman Properties is expanding its development work to new areas of the city, creating exciting partnership opportunities for businesses that share the company's commitment to excellence. Friedman Properties invites you to join the company in its mission to preserve the landmarks of the past and build the communities of tomorrow.