CHICAGO-Newcastle Ltd. of Chicago has acquired a retail space measuring 7,100 square feet at the base of 6 N. Michigan Ave. for $10.1 million. The retail space, which is located across from Millennium Park, is 100% leased to tenants including a Starbucks and a Panera Bread Co. restaurant.
U.S. Bank N.A., the seller of the retail property, assumed control over FBOP Corp. affiliate Park National Bank, the lender who took back the building from an ownership group. For the full story, go to Crain's Chicago Business .
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