ATLANTA-Piedmont Office Realty Trust Inc. has put the 1.1million-square-feet Leo Burnett Building up for sale.
Piedmont is hoping to sell its stake in a joint venture deal inorder to boost the value of the building to nearly $400 million.The company has hired Eastdil Secured LLC, a real estate firm, tosell its stake, which ranges between 50% and 90%, in the skyscrapersituated at 35 W. Wacker Drive. For the full story, go toChicago Real EstateDaily.
GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
