CHICAGO-A venture controlled by South Street Capital, a Chicago-based real estate investment firm headed by Marc Muinzer and Matt Garrison, has purchased two factory-turned-office structures in River North for $6.5 million. The two buildings, which total 115,000 square feet, are located at 900-920 N. Franklin St.
The South Street venture paid approximately $57 per square foot for the office buildings. It bought the property from a limited partnership. The property is nearly 70% leased to tenants, including Kiki's Bistro, AgencyEA and Providential Bancorp. For the full story, go to Crain's Chicago Business .
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