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| Photo from CoStar Group |
An Australian hotel and casino owner paid $14 million for a luxury apartment building on the western edge of the Fulton Market District, joining a list of international investors betting on one of the city's hottest neighborhoods. A venture of hospitality company Zagame bought the 22-unit building at 1342 W. Randolph St. from Chicago-based Mo2 Properties, the sellers confirmed. The deal illustrates both property value growth in the fast-changing corridor—particularly on its emerging western end—and global investor interest in the trendy submarket. Read More....
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