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Park Millennium Sells for $130M

Luxury Apartments To Go Condo
By Maggie McBride
January 20, 2005 | 3:47 P.M.

A joint venture of MCZ Development Corp. and Centrum Properties Inc. acquired a luxury, high-rise apartment tower in Chicago for $130 million or about $271,000/unit. The property, known as Park Millennium, is at 222 N. Columbus Dr. in Chicago's New East Side neighborhood. MCZ Centrum LLC plans to convert the apartment building into luxury condominiums.

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