Retail

Marina City Retail - Better Together

333 N Dearborn Street Chicago, Illinois United States 60654

Asking Price Contact for pricing

NOI Net Operating Income N/A

Cap Rate N/A

Asking Price Contact for pricing

NOI Net Operating Income N/A

Cap Rate N/A

Documents

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Attributes

Year Built	1963
Building Area
Occupancy	98.0 %

Property Description

The property consists of 146,697 square feet of retail bounded by the Chicago River to the south, North State Street to east, and North Dearborn Street to the west as well as 2, 450-story parking garages that make up the first 19 stories of each 60-story “corn-cob” condominium building.

Investment Highlights

Jones Lang Lasalle (“JLL”) has been exclusively retained to offer qualified investors the opportunity to acquire The Retail and Parking at Marina City (the “Property” or the “Offering”), including 145,697 square feet of dining, entertainment, and experiential retail overlooking the Chicago River in the vibrant mixed-use River North neighborhood. The Property is located at the base of one of the nation’s most architecturally significant developments, Marina City. This value-add offering allows investors to enhance in-place revenue through re-merchandising opportunities,
growing the current below market rents, and the potential to convert modified leases to triple net.

Last Updated Date: 26 Mar 2020

Amy Sands

Managing Director, Capital Markets

License details

IL-475.138622

+6620260615

Clinton Mitchell

Managing Director, Capital Markets

License details

IL-475.160470 NE-20150925

+6620260615

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Last Updated Date: 26 Mar 2020