(This story was updated Feb. 7 with new details of Piedmont Office Realty Trust’s sale of Two Pierce Place in Itasca, Illinois.)
This Office Tower Traded for a Fraction of Previous Price in Extreme Sign of Pandemic Effect
At $24 Million, the Sale of Two Pierce Place in Suburban Chicago Shows Lost Value for Some Buildings
By Ryan Ori
CoStar News
February 3, 2022 | 8:17 P.M.
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IN THIS ARTICLE
- Properties
- Two Pierce Place
2 Pierce Pl, Itasca, IL
- Companies
- Piedmont Office Realty Trust, Inc.
Real Estate