Elliott Bay Capital Trust And Pantheon Acquire Retail Property At 850 North Milwaukee Avenue For $18.7M

The transaction involved a retail property located at 850 North Milwaukee Avenue in Chicago. The sale price was $18,700,000, and the property encompasses 48,942 square feet, with a price per square foot of $382.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $18,700,000
• Square Footage: 48,942
• Address: 850 North Milwaukee Avenue
• Market: Chicago
• Buyer: Elliott Bay Capital Trust & Pantheon
• Seller: Centrum Realty & Hubbard Street Group
• Brokers: Alex Sharrin, Keely Polczynski & Michael Nieder - JLL

The property was sold to Elliott Bay Capital Trust and Pantheon by Centrum Realty and Hubbard Street Group. The transaction was facilitated by JLL, with Alex Sharrin, Keely Polczynski, and Michael Nieder serving as the brokers in this deal.