YieldPro: Interra Realty Brokers $19.2M Sale of Loft Apartment Building in Chicago’s River North Neighborhood

Joe Smazal
Mark Dykstra
Apartments
Chicago
Closings
Deal Stories
Joe Smazal
Mark Dykstra
Multifamily
River North
Story

CHICAGO, IL: Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $19.2 million sale of Paper Box Lofts, a 35-unit multifamily building at 153-157 W. Ohio St. in Chicago’s River North neighborhood. The transaction equates to $548,571 per unit.

Interra Senior Managing Partner Joe Smazal and Director Mark Dykstra represented the buyer, an affiliate of Los Angeles-based Blatteis & Schnur, Inc. Smazal and Dykstra also represented the seller, an affiliate of Chicago-based developer Senco Properties, Inc.

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RE Journals: Interra Realty Brokers $19.2 Million Sale of Paper Box Lofts in Chicago’s River North