Credit Suisse Unit Agrees to Buy MillerCoors HQ Building
Registration is open for RealShare National Investment and Finance on June 24-25. Find out what's new in the capital stack, get the latest strategies in investing and the latest market intelligence.
CHICAGO-A Credit Suisse Group AG unit has agreed purchase the 16-story office building that houses the headquarters of MillerCoors LLC for approximately $91 million. Boston-based AEW Capital Management LP is selling the 244,961-square-foot office building at 250 S. Wacker Drive to the Credit Suisse unit.
AEW acquired the property in 2007 for $57 million. The office tower, constructed in 1958, underwent a $40-million improvement in 2006 and 2007. It is 93% lease to tenants including MillerCoors. For the full story, go to Crain's Chicago Business .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
SIOR Live runs through May 7. Click here to get all the latest news surrounding SIOR's Spring World Conference.
You can now be notified via email if this story is updated by clicking on the "Follow this Story" link. You must be a registered member to take advantage of this "members only" benefit.