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Tag: Chicago office building

Macerich announces the sale of its Chicago office building for $86.4 million

SANTA MONICA, Calif., 2017-Nov-29 — /EPR Retail News/ —The Macerich Company (NYSE: MAC) today (Nov. 27, 2017) announced the sale of an office building at 500 North Michigan Avenue in Chicago for $86.4 million.  The asset was unencumbered and wholly-owned by Macerich. 500 N. Michigan Ave is a 326,000 square foot office tower located adjacent to Macerich's The Shops at North Bridge, a 673,000 square foot…

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