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

1615 South Clark Street
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This Retail property located in IL was sold for $58,000,000. The brokers of the deal were Carrie Frye, Matt Berres, Samer Khalil, and Karick Brown

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.

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Deals
  • Location
    1615 South Clark Street, Chicago, Illinois 60616, United States1615 South Clark Street, Chicago, Illinois 60616, United States
  • Sale Price
    $58,000,000$58,000,000
    $884 PPSF$884 PPSF
  • Area
    65,568 SF65,568 SF
  • Asset Type
    RetailRetail
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Carrie Frye

Carrie Frye

Deals2
Sold$62.5M

Karick Brown

Karick Brown

Deals6
Sold$119.3M

Samer Khalil

Samer Khalil

Deals9
Sold$206.7M

Matt Berres

Matt Berres

Deals9
Sold$206.7M

Agency

Newmark

Newmark

Agency
Deals3777
Volume$391.9B

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Deal Summary

SALE IMAGE: Carrie Frye DATE: 07/19/2022 ADDRESS: 1615 S. Clark Street MARKET: South Loop, Chicago ASSET TYPE: Retail BROKERS: Matt Berres, Samer Khalil, Karick Brown & Carrie Frye - Newmark (@Newmark) SALE PRICE: $58,000,000 (Approx.)

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1615 South Clark Street

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