Zack Cupkovic & Matt Garrison Of R2 Companies Purchase Mixed-Use Asset From Rick Stone For $3M
Illinois
See Similar DealsZack Cupkovic & Matt Garrison Of R2 Companies Purchase Mixed-Use Asset From Rick Stone For $3M
2140 West Fulton Street
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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.
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