A four-story building in Chicago’s Gold Coast that has long been eyed by developers as a potential high-rise residential site has sold to a local firm that plans to keep it as retail — at least for now.
Long eyed as high-rise site, property in Chicago’s Gold Coast to remain retail
Mavrek Development pays $6.5 million for four-story building
By Ryan Ori
CoStar NewsDecember 30, 2025 | 4:23 P.M.
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IN THIS ARTICLE
- Properties
- Companies
- Mavrek Development
Construction
- Calmwater Capital
Finance and Insurance
- Contacts
- Malek Abdulsamad
Director, Greenstone Partners
- Adam Friedberg
CEO, Mavrek Development
- Danny Spitz
CEO & Managing Partner, Greenstone Partners