A venture from the Spanish investor behind fashion-forward apparel retailer Zara bought the former Esquire Theater building in the Gold Coast for $176 million.

The deal closed earlier this month, according to Cook County records. Ponte Gadea Chicago bought the building at 58-104 E. Oak St. from DRW Trading Group, a Chicago-based trading firm led by [Don Wilson](/about/don-wilson). Ponte Gadea is the U.S. investment arm of Spanish billionaire Amancio Ortega, founder of Zara's parent company, Inditex.

_Read more at [Crain's Chicago Business](http://www.chicagobusiness.com/article/20150327/NEWS12/150329802/esquire-theater-sold-for-176-million)._


In the News: Esquire Theater sold for $176 million