Mavrek buys Fulton Market site for $16.5 million, plans next project undecided

Verifying
  • Mavrek Development acquired 850 West Washington Boulevard in Chicago’s Fulton Market.
  • $16.5 million equals approximately $660 per square foot for the 25,000-square-foot site.
  • Mavrek is evaluating development options after citizenM abandoned a proposed hotel project.
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Mavrek buys Fulton Market site for $16.5 million, plans next project undecided - CoinPost Terminal