Greenstone Partners has sold 1733-1735 N. Damen Avenue, a 4,747-square-foot two-tenant retail investment located in Chicago’s Wicker Park neighborhood. The property is 100% occupied by Chipotle and Playa Bowls and sold for 99% of the list price.
Greenstone Partners’ Danny Spitz and Brewster Hague exclusively represented the seller, a Chicago-based investment and development company. The closing completes Greenstone’s 70th investment sale in the Wicker Park and Bucktown neighborhoods, representing a total transaction volume of $196 million in the submarket.
Chipotle has been operating at the property since 2004 and recently exercised their last remaining 5-year renewal option.