CHICAGO-An affiliate of New York-based Goldman Sachs Group Inc. and Golub & Co. of Chicago have acquired the 15-story building at 311 W. Monroe St. for $44 million. Cook County records showed that Irving, Texas-based Archon Group LP, the affiliate of Goldman Sachs, and a venture of Golub paid just over $114 per square foot for the West Loop tower.
New York-based AREA Partners was the seller. Chicago-based BMO Harris Bank is expecting to vacate nearly two-thirds of the office building's 384,885 square feet. 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.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
