TIAA-CREF Venture Ponies Up $90M for 51,000-SF Retail Space

CHICAGO-A financial services firm has paid $89.9 million for the Palmolive Building retail space on North Michigan Avenue.

By GlobeSt News Hub | Updated on December 19, 2012

CHICAGO-A financial services firm has paid $89.9 million for the Palmolive Building retail space on North Michigan Avenue. A venture of TIAA-CREF, based in New York, purchased the 51,000-square-foot retail space at 919 N. Michigan Ave. last month. The property was sold by two affiliates of investor Ross Hilton Kemper.

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