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High-Profile Chicago Shopping District Lands Biggest Retail Lease Since 2015

Aritzia Taking Over Former Gap Flagship Signals Step Forward for Magnificent Mile
Aritzia has leased the three-level former Gap flagship space at 555 N. Michigan Ave. in Chicago. (Justin Schmidt/CoStar)
Aritzia has leased the three-level former Gap flagship space at 555 N. Michigan Ave. in Chicago. (Justin Schmidt/CoStar)
CoStar News
June 13, 2022 | 8:52 P.M.

The signing of the largest lease in seven years on Chicago’s main shopping avenue, one of the nation’s most high-profile retail districts, signals a potential rebound for a major downtown that has been among the hardest hit by the COVID-19 pandemic.

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