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Here are Chicago’s 10 biggest investment sales of 2020
Office deals led the pack, including sale of McDonald’s HQ in Fulton Market and Michael Shvo’s purchase of “Big Red” tower in Downtown Chicago /
As with most other cities, Chicago’s commercial real estate market went off the rails in 2020, upending what had been a promising start to the year. Demand for office space tanked, hotels emptied out leaving owners struggling to pay their loans and Covid restrictions strangled retailers whose customers dared to venture into brick-and-mortar stores.