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Howard Hughes’ Sale Values Chicago Office Tower at More Than $1 Billion

Valuation Is Second in City Only to Blackstone’s $1.3 Billion Deal for Willis Tower in 2015
Callahan Capital Partners and Oak Hill Advisors have acquired Bank of America Tower at 110 N. Wacker Drive in Chicago. The deal values the 55-story tower at more than $1 billion. (CoStar)
Callahan Capital Partners and Oak Hill Advisors have acquired Bank of America Tower at 110 N. Wacker Drive in Chicago. The deal values the 55-story tower at more than $1 billion. (CoStar)
CoStar News
March 30, 2022 | 10:59 P.M.

Howard Hughes Corp. has sold its equity stake in Bank of America Tower in Chicago in a deal that values the 55-story office building at more than $1 billion, the second-highest valuation for a building in the city’s history.

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