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MidwestRetail

Barnett Capital sells $5.8M Chicago retail property to 3115 Properties LLC

Staff Writer April 2, 2017
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CBRE recently represented Barnett Capital in the sale of a 90,490-square-foot retail property at 3115-23 N. Broadway in Chicago, Ill., to 3115 Properties.

Situated in the popular East Lakeview section of the Lakeview neighborhood, the five-story property is in a city-zoned Community Shopping District, filled with a host of national retailers including Gap, Sleepy’s, Five Guys, PNC, Walgreens, CVS, LA Tan, 7-Eleven, LA Boxing and more. The multi-tenant commercial building features long-term leases with Intelligentsia Coffee & Tea, The Apartment People, Contacts & Specs amongst other tenants and also contains a five-story enclosed parking garage.

Keely Polczynski, First Vice President of CBRE’s Urban Retail Investment team, represented Barnett Capital and Danny Spitz, Managing Director of Baum Realty represented 3115 Properties LLC.

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