Login

Firms That Buy Distressed Malls Move To Seize Control of 47-Story Office Tower in Chicago

Venture of Namdar Realty, Mason Asset Management Buys Matured Note on Building
This 47-story office tower in Chicago measures just shy of 500,000 square feet. (CoStar)
This 47-story office tower in Chicago measures just shy of 500,000 square feet. (CoStar)
CoStar News
July 11, 2024 | 7:40 P.M.

Affiliated real estate investors that often buy distressed shopping malls are close to taking control of a 47-story office tower in Chicago’s Loop business district, a deal that comes about three months after the firms bought one of the tallest buildings in Cleveland.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE