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CHICAGO—Cedar Street Co. and FrontLine Real Estate Partners undertook the historic 500 N. La Salle St. in July 2013 as a joint venture. And this past week, the partners sold the building for $7.1 million to Jaime Javors. The property was bought in 2013 for $4.1 million from Hilco Real Estate LLC through a bankruptcy auction as part of a larger portfolio of assets acquired in the Qualteq Inc. bankruptcy case.

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