311 South Wacker Drive in Chicago, the tallest building in the world known only by its street address, is being offered for sale at a yet-to-be-disclosed price according to an nreionline.com article. The owners, a venture comprised of affiliates of Fremont Realty Capital, Mark Karasick and Shorenstein Properties, will be exclusively advised in the sale of the 65-story office building by CB Richard Ellis' Chicago Capital Markets Group.
Originally constructed in 1990, 311 South Wacker was designed by Kohn Pedersen Fox Associates with 1.3 million square feet of rentable office and retail space. 311 South Wacker is the winner of Chicago's First BOMA International TOBY Award for the office building of the year in the over one million square feet category. The building is reportedly 91% leased to long-term tenants.
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