DLA Piper represented Chicago-based Draper and Kramer, Inc., along with equity partner Intercontinental Real Estate Corporation, in the acquisition of Burnham Pointe, a 28-story, 298-unit rental building in Chicago's Printers Row neighborhood.

Located at 730 South Clark Street, Burnham Pointe includes a mix of large one- and two-bedroom units and a 255-stall parking garage, as well as 14,391 square feet of ground-level retail and restaurant space. Draper and Kramer's renovation plans for the property include updating its current on-site amenities, such as an indoor aquatic area with resistance pool, spa and sauna, fitness center, business center, outdoor terrace, club lounge with demonstration kitchen and dog run.

The acquisition was handled by DLA Piper lawyers Robert Goldman and Stacy Osmond in Chicago.