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11 C ongratulations to the 2014 HEEF Midwest Real Estate Challenge's winning team from Roosevelt University and to runners-up, Marquette University and University of Notre Dame. Now in its fourth year, the Midwest Real Estate Challenge was designed to provide students with a hands-on opportunity to apply what they are learning in their university courses to the real working world of real estate. The 2014 student teams were challenged to create a development plan for the former Marshall Fields/Macy's Warehouse at 4000 W. Diversey just northwest of downtown Chicago. 4K Diversey Partners, LLC owns the property and Merit Partners, LLC is handling the management, leasing and redevelopment of the 21-acre parcel located at the intersection of Diversey and Pulaski. The property, boasting 1.5 million square feet of existing improvements, forms the western boundary of Logan Square. The teams, along with their volunteer advisors, determined what should be built on the property and provided a full analysis explaining their building plan as well as the effects their plan would have on the community. Three judges – Ben Greazel, Senior Managing Director of the Real Estate Finance Group at NGKF, Andy Koglin, President of OKW Architects, and Bill Shiner, Founder and CEO of The Shiner Group– reviewed all of the presentations and then awarded Roosevelt's team with the best overall plan. Aaron Paris and Paul Fishbein, Partners of both Merit Partners and 4K Diversey Partners actively participated in the judging process. The winning team from Roosevelt was comprised of students Andre Collins, Maggie Eison, Victor Fragoso, Liliana Gonzalez, Dion Hickles, Emmanuel Kinard, Andrew Savoy, and Eric Williams. The team's advisors were Terry McCollom of McCollom Realty, Ltd. and Steve Rachman of Marcus and Millichap. Roosevelt University was awarded with a $5,000 scholarship, sponsored by 4K Diversey Partners, LLC, and the winning students were invited to tonight's dinner. Midwest Real Estate Challenge Special Thanks to Scholarship Sponsor and Site Owner/Developer: 4K Diversey Partners, LLC

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