Guggenheim Real Estate and Chicago-based L3 Capital paid $23 million for an upscale Melrose Avenue retail property.
L3 Snags Chicago Retail Building
L3 Capital has acquired this trophy-quality building situated in Chicago’s prominent Oak Street luxury district.
Affordable Housing A Downtown Challenge, But Office Product Is Hotter Than Ever
Chicago-based L3 Capital and LaSalle Investment Management are underway with their own downtown repositioning. They closed on a $63.25M deal last year for the long-dormant Barnes & Noble building and are looking to bring new office and retail tenants to the 77K SF property.