Less than two years after acquiring a 23-story office building at 200 West Monroe Street in Chicago for $75 million, a joint venture of Philadelphia-based Lubert-Adler and The Farbman Group has sold the asset for $100 million.
Grosvenor Americas has sold a 126,000 square foot retail building at 830 North Michigan Avenue in the heart of Chicago’s “Magnificent Mile” shopping district to Chicago-based General Growth Properties, Inc. The building’s tenants include Topshop, the London-based international fashion-forward apparel retailer, which occupies 50,000 SF on four levels.
Grosvenor Americas, owner of the 250,000 square foot Rice Lake Square shopping center in the Chicago suburb of Wheaton, IL, has begun work on building and site plan improvements that will significantly enhance the shopping experience at the property. The impressive refurbishment will add architectural interest with towers topped by large lantern-like LED lighting elements […]
Grosvenor Americas has leased approximately 50,000 square feet of retail space on Chicago’s “Magnificent Mile” to Topshop, the London-based international fashion-forward apparel retailer. Occupying four levels within Grosvenor Americas’ 126,000 square foot property at 830 North Michigan Avenue, Topshop will be open next year. Other tenants in the building, strategically located at the corner of […]