Investments
River North Landmark Building – 500 N. LaSalle
500 N. LaSalle Street, Chicago, Illinois-
Property Type:
Restaurant
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Property Size:
17,000 SF
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Acquisition Date:
June 2013
Deal Summary:
Frontline Real Estate Partners acquired the subject property out of a Chapter 11 bankruptcy in June 2013. The property, formerly operated as Michael Jordan’s Restaurant, is an iconic building in the River North neighborhood of Chicago. Frontline secured a lease with Chicago pizza institution Gino’s East, which relocated from its current flagship location at 633 N Wells Street. Frontline subsequently exited the investment.