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| Photo by Nick Ulivieri Photography |
It seemed only a matter of time before skyrocketing property values in the Fulton Market District would result in the most expensive office building sale in the city's history. That title now belongs to a relatively nondescript seven-story office building on a site that was a surface parking lot just two years ago. In a deal that shattered the previous record paid per square foot for a Chicago office building, Chicago developer Shapack Partners sold a 70,000-square-foot office building it developed at 811 W. Fulton Market to Boston-based investor Intercontinental Real Estate for $50.3 million, the companies said in a statement. Read More....
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