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Streeterville Mixed-Use Sets Highest-Dollar Record for Sales Office
Baird & Warner has brokered the $6.2-million sale of a mixed-use property in downtown Chicago’s Streeterville neighborhood. Located at 212 E. Ohio St., one block east of the Magnificent Mile, the five-story building contains nearly 29,000 square feet of rentable retail and office space. It is 100% leased by tenant, including @properties Christie’s International Real Estate.
Broker Brant Sichko from Baird & Warner’s North Center office represented the buyer in the deal, and set a highest-dollar transaction record for the company’s North Center office. The property’s sellers, Theus Property Holdings LLC and Miden Property Holdings LLC, were represented by @properties agents Mike Rourke and Dan Stratis.
“In a commercial market where less office space is changing hands, and institutional buyers are waiting on the sidelines, smaller investors are getting opportunities because the market just isn’t very crowded,” said Sichko.
- ◦Sale/Acquisition
