Newmark Brokers Secure $58M Sale Of Retail Property In South Loop, Chicago

The retail property located at 1615 S. Clark Street in the South Loop area of Chicago has been sold for approximately $58,000,000. The transaction took place on 07/19/2022.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $58,000,000 (Approx.)
• Market: South Loop, Chicago

The sale of this retail property was facilitated by the brokerage firm Newmark, with Matt Berres, Samer Khalil, Karick Brown, and Carrie Frye representing the parties involved in the deal.