Pacific Life shelling out $40M for Mag Mile vertical mall renovation after seizing property
Pacific Life is pouring resources into turning around a vertical mall on Chicago’s Magnificent Mile that it seized out of financial distress. The Newport Beach, California-based lender-turned-landlord for the Shops at North Bridge property at 520 North Michigan Avenue announced it’s preparing a $40 million…
Published by The Real Deal — Chicago. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- The Real Deal — Chicago
- Obtained from
- The Real Deal — Chicago
- Published
- Aug 6, 2026
- Last updated
- Aug 8, 2026 (3 days ago)
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