Crain's Chicago Business
Should the deal close, it will be the largest retail lease themarket has seen since 2007, when Spain-based Zara took 33,838square feet for its first Chicago location. The vacancy rate alongthe Magnificent Mile is the highest it has been since 1992; sittingat 7.2%.
The property is being marketed by CB Richard Ellis's SVP BruceKaplan.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.