10 South State Street

Location:

Chicago, IL

Acquisition Date:

July 2014

Size:

55,000 square feet

Asset Type:

Retail

Opportunity:

Madison acquired the fee simple interest in the property, located in one of Chicago’s most dynamic and evolving retail submarkets. The long term investment strategy was to reposition and increase rents upon tenant lease expirations. Madison successfully disposed of its position in the asset in February 2017.