The Real Deal A venture of Farpoint Development and Saxony Capital has agreed to pay $40 million, or $2,298/sf, for the 17,400-square-foot retail building at 830 North Michigan Ave. on Chicago’s Magnificent Mile. Farpoint, of Chicago, and Saxony, of Dallas, are buying the property from Brookfield Properties, which had assumed it in 2018 as part […]

The post Retail Property on Chicago’s Mag Mile Selling for $40Mln appeared first on Commercial Real Estate Direct.