A Fulton Market fish wholesaler sold its buildings to a developer for $9 million, becoming the latest food company to cash in on soaring property values in the fast-changing area.
The owners of Isaacson & Stein Fish on Sept. 30 sold its connected buildings at 800 and 810 W. Fulton Market to Chicago-based R2, which plans to convert the property to flagship retail space, said R2 Managing Director Matt Garrison.
Isaacson & Stein, which has run its business there since 1958, joins a growing list of meatpackers and food distributors that have sold properties to real estate investors in the Fulton Market District on the northwestern edge of the West Loop. Many area businesses have shut down or moved to other areas after cashing in on property sales.
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