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Chicago Sun-Times
Chicago Sun-Times
National
David Roeder

Neiman Marcus building on Michigan Avenue gets new owner

Neiman Neiman Marcus Jones Lang LaSalle

The Michigan Avenue building rented to Neiman Marcus has a new owner. While some details are undisclosed, the circumstances of the sale indicate the retailer of luxury goods intends to stay on the swank but troubled retail street.

The brokerage Jones Lang LaSalle said it represented the buyer and seller of the four-story building at 737 N. Michigan Ave. Neiman Marcus occupies all 195,500 square feet.

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