In challenging times, Chicago's Mag Mile retail rents stay among North America's highest
by Ryan Ori, Chicago Tribune
Nov 16, 2017
2 minutes
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CHICAGO - Chicago's North Michigan Avenue storefronts still bring in some of the highest rents in North America, with new deals averaging $550 per square foot even amid volatile times for retailers.
Magnificent Mile annual retail rents remained unchanged from 2016, according to the Main Streets Across the World report by commercial real estate brokerage Cushman & Wakefield.
The annual report, using leases
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