Namdar Realty Group And Mason Asset Management Acquire Retail Asset From LNR Partners For $8.3M

The retail asset located at 1 North State Street in Chicago, IL, has changed hands for a transaction amount of $8,300,000. The property encompasses a total square footage of 170,507, which equates to a price per square foot of $48.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $8,300,000
• Address: 1 North State Street
• Market: Chicago, IL
• Square Footage: 170,507
• Price Per Square Foot: $48
• Buyer: Namdar Realty Group + Mason Asset Management
• Seller: LNR Partners - Barry Sternlicht
• Broker: Paul Barile - Transwestern

Key individuals involved in the transaction include representatives from Namdar Realty Group and Mason Asset Management as the buyers, alongside Barry Sternlicht representing LNR Partners as the seller. The brokerage services for this transaction were provided by Paul Barile from Transwestern.