Landlord to sell Chicago’s new flagship Apple store for an expected $170M

TRD New York /
Mar.March 22, 2018 03:28 PM

Walton Street Capital is putting Chicago’s new flagship Apple store up for sale, and the building could net them as much as $170 million. The 20,000-square-foot store on Michigan Avenue opened on October 20, about two weeks after Walton Street bought the property in a $360 million deal that included a 35-story office building next door. Apple has a 15-year lease on the location. [Chicago Tribune]


Related Articles

arrow_forward_ios

A little good news for renters. We’re not talking to you LA and Manhattan

Amazon CEO Jeff Bezos (Credit: Getty Images, iStock)

Amazon’s shopping cart now includes new grocery store leases in LA area

Across the US, new home sales keep falling

Home prices roar in Arlington, whimper in Manhattan post-Amazon

No one home: Japan’s dwindling population means a housing oversupply

Another canary? More homes sell at below asking price, report shows

Miami is the most rent-burdened city in the country: report

Placeholder image

Hundreds of Gap, Family Dollar, Victoria’s Secret stores to close

arrow_forward_ios