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Hines Purchases Second Property in Chicago, a Retail Center in Lincoln Park

Three-Property Portfolio North & Clybourn Sells for $46.5 Million
Crate & Barrel is one of the anchor retailers at North & Clybourn in the Lincoln Park neighborhood in Chicago. (Jon Fairfield/CoStar)
Crate & Barrel is one of the anchor retailers at North & Clybourn in the Lincoln Park neighborhood in Chicago. (Jon Fairfield/CoStar)
By Julia Meyer
May 10, 2024 | 7:34 P.M.

Hines U.S. Property Partners, a commingled U.S. core plus fund owned by global real estate firm Hines, marks its second acquisition in Chicago by purchasing North & Clybourn, a 68,121-square-foot retail center in the Lincoln Park neighborhood.  

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