LaSalle Street building poised to sell for about $230 million

Crain’s Chicago Business | Oct 16, 2019 at 4:36 PM
  • A Boston real estate investor is raising its already sizable bet on Chicago, buying its sixth big downtown office building in five years.
  • The purchase would be the second-largest downtown office sale of 2019, behind only the deal that San Francisco-based Spear Street Capital recently struck to buy a 46-story office tower at 500 W. Monroe St. for more than $400 million.
  • Through the first half of 2019 it totaled just more than $1 billion, down 71 percent year-over-year and the lowest mark for that period since 2011.