Maple & Ash

Cushman & Wakefield Represents Eleven Hundred, LLC in $53.2M Sale of Gold Coast Retail Asset

CHICAGO, May 31, 2016 – Cushman & Wakefield has represented Eleven Hundred, LLC (Principals David Pisor and Jim Lasky) in the $53.2 million sale of a retail property at 1100 N. State St., in the heart of Chicago’s Gold Coast neighborhood. The Ohio State Teachers Retirement System acquired the fully leased property. The sale was led by Cushman & Wakefield Senior Director Michael Marks, and Trisha Connolly of Cushman & Wakefield’s Equity, Debt & Structured Finance group provided financial advisory services for the transaction. “Cushman & Wakefield executed on this off-market transaction, vetting a qualified pool of buyers,” said Mr. Pisor. “We made a significant commitment to this property, and we couldn’t be more pleased with the management, financing and leasing efforts that led to the sale of this premier asset.” Urban Outfitters occupies 19,007 square feet at the four-story, 33,597 square foot property located at 6-8 W. Maple and [...]

2018-04-23T15:29:31-05:00June 6th, 2016|Tags: , , , , , , |