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Retail

Private investor snags Mag Mile retail space for $41M from CDP’s office-to-residential conversion of 500 N Michigan Ave

4/9/2026

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Chicago Business Journal

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• Subcategory: Retail: Restaurant, Retail: Shopping

• Tag: Sale

• Additional Filters-Subcategory: Retail: Bank, Retail: Condo, Retail: Restaurant-QSR

• Company: Newmark Group (Nasdaq: NMRK), Commonwealth Development Partners (CDP)

Commonwealth Development Partners (CDP)

Matt Faris | Partner/Co-Founder, Acquisitions & Development

[email protected]