The 46-story Class A office tower at 353 N. Clark Street in Chicago known as the Mesirow Financial Building was purchased by New York-based Tishman Speyer according to a CoStar report. While no purchase price was disclosed, the seller, a subsidiary of te financial services firm Mesirow Financial Real Estate, was seeking $480-$495 million for the property when it was placed on the market in June as reported by CoStar. The 1.17 million square foot buildng was developed last year and is currently 81% leased with tenants including Jenner & Block, Mesirow, and Spencer Stuart.
"As the city's largest owner of Class A office buildings, Tishman Speyer is well positioned to take advantage of market demand for the highest-quality space in Chicago. This property is a great addition to our world-class office portfolio and the acquisition demonstrates our confidence in the Chicago market," said Casey Wold, a senior managing director at Tishman.
For more news and information visit Blumberg Capital Partners.
No comments:
Post a Comment