Zack Cupkovic & Matt Garrison Of R2 Companies Purchase Mixed-Use Asset From Rick Stone For $3M

A three-story mixed-use property located at 2140 West Fulton Street in Chicago has been acquired for $3,000,000. The building encompasses a total area of 49,000 square feet, translating to a price per square foot of $61.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $3,000,000
• Buyer: Zack Cupkovic & Matt Garrison - R2 Companies
• Seller: Rick Stone - Sagard Real Estate
• Brokers: John Abuja, Philip Kates, Adam Sklaver, Steven Weinstock & Kyle Hynes - Marcus & Millichap
• Lender: T2 Capital
• Loan Amount: $2,300,000

The acquisition aligns with R2 Companies' strategy to transform the space into flexible, small-bay industrial units for creative and light industrial tenants. This strategic move is expected to capitalize on the potential growth from nearby developmental projects surrounding the United Center.