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Talked to a guy leasing storefront on Michigan Ave last week

He told me he's paying $18 a square foot for a spot that was $35 back in 2019. Said the landlord threw in 3 months free just to get someone in there. Has anyone else seen rents drop that much in your part of town?
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2 Comments
williams.jenny
Was the spot on the main drag or a side street off Michigan?
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scott.miles
The one off Michigan was tucked behind that old bakery, you had to know it was there. Real bummer about the whole block closing down.
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