2
CHICAGO — Cushman & Wakefield has arranged the $28.5 million sale of 1900 W. Lawrence, a redeveloped former Sears store in Chicago’s Ravenswood neighborhood. Cushman & Wakefield’s Jack Maloney and Brad Smith represented the seller, Matthew Tarshis from Frontline Real Estate Partners, a court appointed receiver in the matter. According to CoStar, the buyer was locally based Bender Cos. The sale resolves a foreclosure lawsuit. The 59-unit community includes approximately 19,000 square feet of ground-floor retail, which was 100 percent occupied at the time of the sale. Residence were 94 percent full.