LFI Acquires $1.965 Million Chicago Property for Satellite Office - 1

FOR IMMEDIATE RELEASE

Chicago, Ill., Jan. 31, 2022 -- Location Finders International Real Estate (LFI) is announcing its purchase of a  four-story multi-tenant loft office property located at 1918 N. Mendell Street in Chicago, Ill., for  $1.965 Million. 

LFI plans to build out the penthouse unit for its satellite, downtown Chicago office that sits  across the street from Sterling Bay’s which is currently under construction of the $6 billion Lincoln Yards development. 

LFI's newest acquired location is occupied within the first three units by tenants on short-term leases. The property is improved by 15,406 leasable square-footage across the four floors and LFI looks forward to future opportunities for the site.

LFI’s acquisition team worked with George Ghattas of Cushman & Wakefield, a long-time friend of LFI, who was the Listing Broker.

About LFI

Founded in 1973 by Michael H. Rose as a full service real estate development company, located in Mokena, IL, LFI is a vertically integrated real estate company focused on the acquisition, development, and creation of innovative commercial real estate solutions for its real estate portfolio consisting of more than 100 properties across the U.S., with a concentration in the Chicagoland area, ranging from small to large size retail centers, medical office buildings, prime commercial buildings, single tenant retail with large national or regional tenants, to be developed properties, large manufactured home communities, industrial parks, and hotels, currently valued in excess of $500 million. For more information, visit the LFI Real Estate website www.lfirealestate.com/.

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