Just Closed: 360 North State Street

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CHICAGO, Ill., March 25, 2019 Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of a 32,000-square foot office property located at 360 N. State Street in Chicago, Ill., according to David G. Bradley, regional manager of the firm’s Chicago Downtown office. After over 20 property tours and multiple competing offers, floors three and four sold for $6,000,000.  The buyer plans to renovate and reposition the property.

Kyle A. Stengle, senior vice president investments, and Stephen Lieberman, first vice president investments, in Marcus & Millichap’s Chicago Downtown office, exclusively marketed the property on behalf of the seller.