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Highlights
DWS Group is selling the Wicker Park Commons at 1279 North Ashland Avenue to Hines Global Income Trust for $70 million.
The purchase is nearly $25 million less than the 2015 price DWS Group paid: $94.75 million.
The move comes as DWS Group has been systematically moving away from office buildings and reallocating capital into multifamily complexes.