A local developer and a Minnesota-based investor plan $30 million in upgrades to a 40-story office tower along the Chicago River after completing the latest discounted purchase in the city.
Office tower along Chicago River set for $30 million in upgrades after discounted sale
Glenstar, Minnesota investor acquire building for just under $68 million
By Ryan Ori
CoStar News
January 30, 2025 | 11:33 P.M.
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IN THIS ARTICLE
- Properties
- Companies
- Glenstar Properties LLC
Real Estate
- Manulife Financial Corporation
Finance and Insurance
- Contacts
- Jaime Fink
Senior Managing Director, JLL
- Sean Ryan
JLL
- Bruce Miller
Senior Managing Director, Office Platform Leader, JLL
- Michael Klein
Co-Founder & Managing Principle, Glenstar Properties LLC