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Second Largest PSF Deal in Chicago History

Chicago Capital Markets
Second Largest PSF Deal in Chicago History


Heitman has agreed to acquire the 1.2M SF tower at 353 N Clark St in Chicago's River North neighborhood for more than $700 million, or nearly $600 PSF, according to chicagobusiness.com.

If the real estate investment manager closes on the deal as expected, the sale of the 46-story building would represent the fourth highest amount ever paid for an office tower in Chicago and the second most paid PSF.