A Seattle-based real estate investor has paid $41 million for the retail portion of a 24-story tower on Chicago’s North Michigan Avenue shopping corridor, with plans to help convert upper floors of the property to 320 apartments.
Seattle investor pays $41 million for Chicago retail
Washington Capital Management buys space at base of Michigan Avenue tower
By Ryan Ori
CoStar NewsApril 9, 2026 | 9:37 P.M.
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IN THIS ARTICLE
- Properties
- Companies
- Washington Capital Management, Inc.
Finance and Insurance
- Contacts
- Keely Polczynski
Senior Managing Director, Newmark