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MidwestCRE

C&W hired to sell Nike’s Mag Mile Home; sale could fetch $300M-plus

Staff Writer April 4, 2017
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The owner of the five-story Nike Chicago flagship store is seeking a sale of the property, according to Crain’s. The property includes connected three- and nine-story buildings on each side of Nike’s store, in a deal that could fetch more than $300 million.

Cushman & Wakefield has been hired to sell the buildings at 663, 669 and 673 N. Michigan Ave, by a venture of the Wisconsin Investment Board-which has owned the retail property for more than two decades. The property is being marketed under the name 669 Mag Mile.

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