Credit Suisse Unit Agrees to Buy MillerCoors HQ Building
Book your room and register for RealShare National Investment and Finance on June 24-25 in Los Angeles. Get the latest strategies in investing and meet the powerhouses behind the biggest deals.
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.
Find out the latest in the office sector at RealShare Conferences. Hear from prominent speakers and meet the commercial real estate elite. Check out the 2015 events in your market.
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.