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Kudan Group Completes Quartet of F&B Sales

Kudan Group recently facilitated the sale of four food and beverage retail spaces in Chicago’s West Loop, Logan Square and Uptown neighborhoods. Pricing was not disclosed. The sales were as follows:

A pair of West Loop staples, Morgan Street Café (pictured) and M2 Café, changed hands. The new owner will continue to operate under the same name and café concept.

Carol’s Pub at 4659 N. Clark St. recently sold in a transaction negotiated by Kudan Group’s Adam Salamon and Juan Carlos Gomez. Daniel Rubinow of License Law Group helped facilitate the sale on behalf of Carol’s Pub. A new venue is slated to open in this Uptown location later this year.

Kudan’s Brian Laskov represented Max Real Estate in the sale of its property and business at 2833 W. Armitage. The 2,500-square-foot site formerly housed Ugo’s Kitchen. Future plans for the Logan Square spot are yet to be determined.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition