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Q Investment Partners (QIP) and Melrose Ascension Capital have announced the beginning of leasing at Straits Row, a new 18-story rental tower combining traditional apartments with co-living units in the South Loop.

Located at 633 S. LaSalle within the South Loop’s Printers Row neighborhood, the 132-unit hybrid building will offer 358 private, fully furnished residential spaces within its traditional and co-living units. According to the development team, rents at Straights Row are expected to average 20% less than competing Class A rental towers. The building’s first move-ins are scheduled to begin in early February.