Justin Ishbia Of Shore Capital Acquires 47-Acre Development Site From Stephen Gardner Of Amtrak

The property involved in the transaction is a 47-acre development site located at 1400 South Canal Street in Chicago's South Loop. This site, known as the 14th Street Coach Yard, is currently operational as a rail yard and is now under contract for acquisition, with potential plans for mixed-use development, including a healthcare and innovation hub.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: Under Contract
• Address: 1400 South Canal Street
• Market: Chicago
• Acres: 47
• Buyer: Justin Ishbia - Shore Capital
• Seller: Stephen Gardner - Amtrak

The key individuals involved in this transaction include Justin Ishbia, representing Shore Capital, who is looking to revive plans for a potential new Chicago White Sox stadium. Stephen Gardner, representing Amtrak, is the seller in this deal, which is still in the process of being finalized. Shore Capital is also exploring possibilities for the development of a healthcare and innovation hub in collaboration with Northwestern Medicine.