Barneys, Chicago

Barneys, Chicago


The Barneys building was purchased on April 2011 for $122 M.
The building is located in Chicago’s business district and includes 9,000 sqm which are rented out in long-term leasing agreements to Barney’s flagship branch, Elite fashion stores and Citibank.

 

It was Sold on October 2013 for  $154.5 M and net cash flow of $ 69M.

The Cash on Cash return was 94% (Net: 79%)