Walmart executive buys Tribune Tower condo for $4.9M

A Walmart executive is the latest buyer at the renovated Tribune Towers condo development.

Judith McKenna, president and CEO of Walmart’s international division, and her husband bought a $4.9 million condominium on the 20th floor of the tower, according to the Chicago Tribune.

McKenna has been the head of Walmart’s international operations since 2018. She was previously the chief operating officer for Walmart’s U.S. business. It’s unclear what they plan to do with the condo. McKenna is based at Walmart headquarters in Bentonville, Ark. A Walmart spokesman declined to comment to the Chicago Tribune on the real estate purchase.

A four-bedroom, five-bath condo at the Tribune Tower redevelopment closed on April 15 for $3.6 million. The renovation of the former home of the Chicago Tribune includes 162 condo units. Amenities include a 55,000-square-foot amenity space with a fitness center, indoor pool and a private park. Over 60 percent of the building’s 162 units are now under contract.

The Chicago Tribune’s former home on Michigan Avenue was built in stages, according to Crain’s. The most recognizable portion of the building is a 36-story Gothic tower that was finished in 1925. Tribune Media sold the tower in 2016 for $240 million to Developers CIM Group and Golub.

[Chicago Tribune] — Miranda Davis

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