A large block of Magnificent Mile retail space is going up for sale in a deal that will leave investors weighing two diverging trends: struggles on Chicago’s best-known shopping avenue and rising prospects of luxury retail space during COVID-19.
Louis Vuitton-Anchored Retail Space on Chicago’s Mag Mile Goes Up for Sale
Retail Portion of Palmolive Building Could Sell for $150 Million if Investors Overlook Michigan Avenue Challenges
By Ryan Ori
CoStar News
April 21, 2022 | 4:49 P.M.
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IN THIS ARTICLE
- Properties
- Palmolive Building
919 Michigan Ave, Chicago, IL
- Companies
- Nuveen
Finance and Insurance