Imperial Realty Company purchases 5050 N. Broadway

Alfred Klairmont, President of Imperial Realty Company, is pleased to announce the acquisition of 5050 N. Broadway, Chicago, IL. This site was the original headquarters for Combined Insurance and AON Insurance and is a mix of high and mid-rise office buildings, a 624 car parking garage, multiple surface parking lots and a warehouse building. This site will be redeveloped for office, retail and potentially residential as it is considered an essential component of Chicago’s planned Uptown Redevelopment Project.

Crain’s article: http://www.chicagobusiness.com/realestate/20110413/CRED03/110419955/ex-combined-hq-sale-reflects-buyers-positive-mental-attitude