blue texture background
News

In the News: Armitage Collection retail buildings sell for $15 million

01.13.2016

In the News: 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.