Lululemon Athletica: Gold Coast Flagship Location

FACTS: › Located at 930 N. Rush Street, Chicago, IL › Sits in the heart of the Gold Coast on the northwest corner of Rush and Walton, one of the world’s most prestigious shopping districts

› 2,930 SF, state-of-the-art building completed in 2009 › Sold in 2012 for $20,700,000

CLOSING HIGHLIGHTS: › One of the year’s most significant retail transactions › Set a Chicago price per square foot record at $7,065 per SF › Nearly six times the previous record set by the sale of Barney’s at 1 E. Oak Street in the 1st Quarter of 2011 ($1,236.79 per SF)

› Market leading deal closely followed by three additional transactions in the 4th Quarter of 2012 that also eclipsed the previous price per square foot record