read: In the News: Armitage Collection retail buildings sell for $15 million at: http://www.chicagobusiness.com/realestate/20160113/CRED03/160119945/armitage-collection-retail-buildings-sell-for-15-million
01.13.2016
read: In the News: Armitage Collection retail buildings sell for $15 million at: http://www.chicagobusiness.com/realestate/20160113/CRED03/160119945/armitage-collection-retail-buildings-sell-for-15-million
Chicago trader Don Wilson has sold a Lincoln Park retail property for almost $15 million, a half-dozen years after acquiring it out of distress from two local developers.
A venture led by Wilson, the founder of DRW Trading Group, on Dec. 16 sold the 32,604-square-foot Armitage Collection to San Diego-based LLJ Ventures for $14.7 million, according to Cook County records.
The four connected two-story buildings from 1123 to 1133 W. Armitage Ave. are the second retail acquisition in Chicago by LLJ, the private-equity arm of San Diego-based investment management firm LM Capital Group.
Read more at Crain's Chicago Business.