Fulton Market developer Shapack buys another site

Photo from CoStar Group

By: Danny Ecker | 1/21/20 | Crain's Chicago Business

The developer that sold a new Fulton Market office building for a record price per square foot has picked up another property in the popular corridor, teeing up what could be its next big bet there. A venture of Chicago-based Shapack Partners paid $7.8 million last month for a small office building at 400 N. Peoria St., according to Cook County property records. The purchase was the second Fulton Market acquisition in six months for Shapack, which helped set off the neighborhood's transformation during the last decade from a meatpacking district to trendy corporate destination. Read More....