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MidwestCRE

Marcus & Millichap arranges the sale of an office building

Staff Writer April 4, 2017
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Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of 1455 West Hubbard Street – a converted loft office property located in Chicago, IL, according to John M. Przybyla, regional manager of the firm’s Chicago Downtown office. The asset sold for $2,800,000. Stephen Lieberman, a Senior Associate in Marcus & Millichap’s Chicago Downtown office, had the exclusive listing to market the property on behalf of the seller. The purchaser was a private investment group that will occupy a portion of the building. 1455 West Hubbard Street is a two story, 24,000-square foot modernized loft office building located in the West Town neighborhood of Chicago. The building also includes 16 parking spaces on the west side of the building.

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