Apple’s new flagship Chicago store is for sale, and could fetch US$170mil or more


  • TECH
  • Friday, 23 Mar 2018

Ropes cordon off an entrance to the outdoor plaza near Apple's flagship Michigan Avenue store on Friday, Dec. 29, 2017 in Chicago, Ill. The store is going up for sale and could reportedly fetch at least $170 million. (Lou Foglia/Chicago Tribune/TNS)

CHICAGO: Apple's new flagship store on Michigan Avenue is going up for sale and could fetch at least US$170mil (RM664.81mil). 

Chicago-based Walton Street Capital has hired brokers to put the 20,000-square-foot store on the market for sale, and is expecting offers in the range of US$170mil (RM664.81mil) to US$175mil (RM684.37mil), according to people familiar with the plan. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

X tells Brazil court 'operational faults' allowed blocked users to remain active
TikTok general counsel to step down, will focus on fighting US law
Google files motion for summary judgment in U.S. ad tech case
Apollo, KKR and Stonepeak to invest in JV to fund Intel's Ireland facility, Bloomberg reports
Televisa to merge its satellite TV, cable units 'as soon as possible'
EU's Vestager meets French tech firm Mistral AI amid competition concerns
Shein falls under tough EU online content rules as user numbers jump
Google parent Alphabet reclaims spot in $2 trillion valuation club
India's HCLTech misses Q4 revenue estimates
Chipmaker Intel falls as AI competition hurts forecast

Others Also Read