trending Market Intelligence /marketintelligence/en/news-insights/trending/fE_eoETyqC2h1LhKynfZ7A2 content esgSubNav
In This List

Report: Beacon Capital to buy Chicago office tower for $230M

Blog

Japan M&A By the Numbers: Q1 2022

Blog

Global M&A by the Numbers: Q2 2022

Blog

SEC Climate Disclosure Requirements Heating Up: How to Take Action

Blog

Infographic 2022 Top Tech Trends Shaping Corporations


Report: Beacon Capital to buy Chicago office tower for $230M

Beacon Capital Partners agreed to acquire the 40-story office building at 190 S. LaSalle St. in Chicago for approximately $230 million, Crain's Chicago Business reported, citing sources familiar with the deal.

According to the report, the deal value is less than the at least $250 million that several industry experts predicted, but is above the $211 million that the seller, Tishman Speyer Properties LP, paid to acquire the roughly 800,000-square-foot property in 2013.

The 92%-leased property counts U.S. Bank as its largest tenant.

Spokespersons for Beacon and Tishman Speyer declined to comment, the report added.