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Newmark Arranges $41M Sale of Michigan Avenue Retail Space

Thursday, April 9, 2026Jasmine KilmanView original

Newmark has arranged the $41 million sale of the retail portion of 500 North Michigan Avenue, a high street asset located along Chicago’s Magnificent Mile. Newmark Senior Managing Director Keely Polczynski represented the seller in the transaction. The buyer is a private investor. The approximately 21,565-square-foot retail space is fully leased to a roster of ...

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