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| SoNo East rendering 840 West Blackhawk Street, Chicago |
CHICAGO, IL – HFF announced today that it represented
Furniture, LLC in the sale of SoNo East, a luxury 22-story multi-housing tower
with ground-floor retail.
The property is located at 840 West Blackhawk Street
in immediate proximity to Chicago’s new Whole Foods flagship store, the CTA Red
Line Station at North & Clybourn, and numerous retail and entertainment
attractions.
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| Daniel A. Kaufman |
HFF
marketed the property on behalf of the developer, Smithfield Properties, in the
summer of 2011 while it was still under construction. Prudential Real Estate Investors agreed to purchase the asset
upon completion. The ultimate closing
took place in the last week of December 2012.
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| Matthew Lawton |
SoNo East consists of 324
multi-housing units, 3,990 square feet of ground floor retail and a 204-stall
parking garage. The property features
nine-foot ceilings and floor-to-ceiling windows. Community amenities include a fitness center, a stainless steel
swimming pool, hot tub, sundeck, fire pit, billiards room, café/lounge and
great room.
The HFF investment sales team representing the seller was
led by director Daniel Kaufman, executive managing director Matthew
Lawton and managing director Sean Fogarty.
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| Sean Fogarty |
“SoNo East is the first high-rise multi-housing tower built
in Lincoln Park since 1988,” said Kaufman.
“With its unique high-end finishes, best-in-class amenity package and
desirable location at the hub of the Clybourn Avenue retail corridor, SoNo East
will be Lincoln Park’s dominant residential address for many years to come.”
For a complete copy of the company’s news release, please
contact:
Kristen M. Murphy
Associate Director
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3500 | cel 617.543.4873 | fax 713.527.8725 | www.hfflp.com
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