Chicago portfolio sold to Behringer Harvard

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Behringer Harvard this week announced it has completed the purchase of four office properties located in the central business district of Chicago, Ill., for an undisclosed price. The portfolio consists of the following: One Financial Place, located in the city's South Loop; and 10 South Riverside Plaza, 120 South Riverside Plaza and 200 South Wacker Drive, all of which are located in the West Loop. One Financial Place offers approximately 1 million square feet of rentable space in a 39-story tower. The property houses the Chicago Stock Exchange, as well as Goldman Sachs, Morgan Stanley, Merrill Lynch and Man Financial. The 10 and 120 South Riverside Plaza complex is comprised of twin 21-story, high-rise office buildings totaling approximately 1.4 million square feet of office and retail space. Tenants of 10 South Riverside are Zurich American; Blackman, Kallick, Bartelstein; DRW Investments; and Ennis Knupp. Tenants of 120 South Riverside are CDW, Arnstein & Lehr...