Four Corners Sells Three Restaurant Properties in Chicago
Start each day with GlobeSt.com's Chicago AM Alert for original coverage of the latest transactions and trends shaping the commercial real estate industry. Sign Up Today!
CHICAGO-Four Corners Tavern Group Inc. has sold three properties in Chicago and plans to use the proceeds for an expansion. The company has sold Benchmark at 1510 N. Wells St.; Kirkwood Bar & Grill at 2934 N. Sheffield Ave.; and WestEnd at 1326 W. Madison St. to Scottsdale, Arizona-based STORE Capital, which paid nearly $14 million to Four Corners ventures for the properties.
Four Corners will leaseback the properties from STORE Capital. It has plans to purchase three more Chicago properties using the proceeds. For the full story, go to Crain's Chicago Business .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Register now for the GlobeSt.com Retail Alert Your one-stop shop for retail news and analysis.
You can now be notified via email if this story is updated by clicking on the "Follow this Story" link. You must be a registered member to take advantage of this "members only" benefit.