Silvestri Acquires Mixed-Use Property On North Michigan Avenue In Chicago For $94M

The mixed-use property located at 737 North Michigan Avenue in Chicago has been sold in a recent transaction. The property, with a total square footage of 196,000, was sold by UBS Realty Investors. The buyer, Silvestri Investments represented by Dan Silvestri, acquired the property for a sale price of $94,000,000. The transaction has taken place on 05/17/2022.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $94,000,000
• Address: 737 North Michigan Avenue, Chicago
• Square Footage: 196,000

Dan Silvestri, representing Silvestri Investments, was the buyer in this transaction. They successfully negotiated the purchase of the property from UBS Realty Investors. No additional information is available regarding the deal.