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Chicago & Midwest  + Downtown  + Office  |  May 13, 2024
Jasmine Kilman
By: Jasmine Kilman

Mid-America Brokers Sale of Michigan Avenue Building

Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of a 27,093-square-foot office and retail building located at 174 North Michigan Avenue in Chicago.

Mid-America Real Estate Corporation Principal Joe Girardi and Senior Vice President George Ghattas were the exclusive brokers in the transaction on behalf of the seller. Schaumburg-based North American Real Estate purchased the four-story, 27,093-square-foot building from Chicago-based L3 Capital, reported Crain’s.

The property’s ground-floor retail space was previously leased to 7-Eleven and sports fan apparel store Chicago Sports. The building is now vacant, including 17,400 square feet of office space throughout the top three floors of the property.

Don’t miss the Lifetime Achievement Award Presentation and Keynote Interview with G. Joseph Cosenza, Vice Chairman of The Inland Real Estate Group, LLC and President of Inland Real Estate Acquisitions, LLC at Connect Midwest: Multifamily, Affordable, Student & Senior Housing Trends on June 4, 2024, at the W-Chicago, City Center Hotel, Chicago, IL. Register Today to network with your peers!

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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