CHICAGO-CommonWealth REIT has acquired 600 W. Chicago Ave. for $390 million from 600 West Chicago Associates LLC. The building, originally developed as the distribution center in 1908 for the catalogue division of Montgomery Ward, was totally redeveloped in 2001.
Current occupiers in the property, situated on the edges of the Chicago River, include David Barton Gym, Fox Sports, Groupon, Japonais Restaurant, Level 3 and Wrigley. Holliday Fenoglio Fowler, LP arranged the sale. For the full story, go to Commercial Property Executive .
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