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Fox & Obel Faces Eviction

Fox-Obel.jpgLooks like high-priced groceries may not be a match for high rents. Word is that Fox & Obel may face eviction from its Streeterville location after failing to pay rent for the past few months, totaling an alleged $330,600. A report filed March 3 claims Fox & Obel's "rent payments have been sporadic." However, a lawyer for the upscale grocer said the eviction matter is on hold for the time being while the two sides try to find a favorable solution. The grocer's lawyer, Doug Hansen said, "It's our intention to keep the store open.” [Chicago Real Estate Daily/Crain's]
Fox & Obel [Photo: Stay]

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