CHICAGO-Prudential Real Estate Investors LLC based in Newark, New Jersey, is buying an office tower spanning 439,434 square feet at Block 37 in the Loop for $414 per square foot or $182 million. The investor is acquiring the 16-story building located at 22 W. Washington Street from its developer, a joint venture between BlackRock Inc. based in New York and Golub & Co. based in Chicago.
Holliday Fenoglio Fowler L.P. is handling the sale of the office property. For the full story, go to Crain's Chicago Business .
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