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Newly Built 1100 West Fulton Trades for $42M
Cushman & Wakefield represented Fulton Street Cos. and Huizenga Capital Management in the $41.75- million sale of 1100 West Fulton to Zagame Corp. The transaction sets a new per-square-foot record for Chicago office investment sales, according to Cushman & Wakefield
A Cushman & Wakefield team of Cody Hundertmark, David Knapp, Tom Sitz, Dan Deuter and Paul Lundstedt represented the sellers.
Fulton Street Cos. and Huizenga Capital completed construction of the five-story, 45,380-square-foot building in the Fulton Market district in 2020. Herman Miller, one of the world’s largest office furniture and home furnishings providers, maintains its Chicago presence within the asset on a long-term lease.
“Assets of this quality drive unique outcomes with exceptional buyers, and that was certainly true in this instance,” said Hundertmark. ”Congratulations to the Zagame team on the acquisition of this building, which will be almost impossible to replicate.”
- ◦Sale/Acquisition
