Acquisition of The Market at Main Street

Deal value: $110,000,000

Acquisition of a mixed-use property in Chicago, IL, featuring 40,000 sq ft of retail and 160 residential units above. The property is anchored by a Whole Foods Market and includes a rooftop dining area.

The acquisition targets a high-performing mixed-use asset in Chicago, motivated by the belief that urban properties combining retail and residential uses offer resilient, diversified income streams and long-term value. The presence of a Whole Foods anchor and rooftop dining enhances foot traffic and tenant demand, while demographic shifts and urbanization trends drive demand for walkable, amenity-rich communities. The timing reflects post-pandemic urban revitalization and investor appetite for stable, inflation-resistant assets.