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Report: Hilco Real Estate JV seeking $125M for Chicago office tower

A joint venture between Hilco Real Estate and two MB Real Estate Services Inc. executives is looking to sell a 47-story office tower at 1 N. LaSalle St. in Chicago for $125 million, Crain's Chicago Business reported, citing a source privy to the matter.

The 493,738-square-foot Loop tower is 86.2% leased, the publication noted, citing data from brokerage firm CBRE.