Tuesday, April 18, 2017

New Fulton Market apartment tower on the market

Photo by Dave Burk
By: Alby Gallun | April 18, 2017 | Crain's Chicago Business

The developers of a 29-story apartment tower in the Fulton Market neighborhood have put the "For Sale" sign up, even before taking the "For Rent" sign down. A group led by Chicago-based Shapack Partners has hired CBRE to sell the Parker Fulton Market, a 227-unit tower at the southwest corner of Lake and Halsted streets that opened last summer. Shapack and its partners, Northfield-based Focus Development and Atlanta-based Atlantic Realty Partners, are cashing out quickly, capitalizing on a downtown apartment market that has been on a roll but.... Read More....

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