John Slivka, with CB Richard Ellis, represented the seller in the sale of the building in Chicago's Central Business District. The building was reportedly bought in 2003 by a partnership including Howard Weitzman and Brian Flisk. Slivka would not confirm who the buyer was and said it "was a local partnership." The sale only included the building, as the land is owned by a trust, Slivka said.

Arthur Holmer, managing partner with Wells Street, tells GlobeSt.com that the property was purchased for $4.2 million. "We found the property had a good tenant base [and] the proximity to the Loop was impeccable, so we thought it would be a great asset for us to hold long-term," Holmer says.

The building has a 97% occupancy rate with the largest tenant being US Legal Support, which provides specialty-printing services to lawyers and others in the legal field, Slivka says. "The property is in a great location," Slivka says, noting it is near several CTA train lines and a Metra station, in addition to being near the financial district and the circuit court. "Most of the tenants in there are smaller entrepreneurial companies who need to be at that location. They need to have access to the financial district or the court system," Slivka says. Neither Slivka nor Homer would disclose the lease rate for the class C building.