333 S. Wabash Ave., Chicago333 S. Wabash Ave., Chicago

CHICAGO—The John Buck Co. is poised to sell the1.2-million-square-foot 333 S. Wabash Ave. office building, knownin the market as "Big Red" to a New York City-based partnership for$370 million, according to multiple published reports.

Locally-based John Buck is reportedly in contract to sell theformer CNA Center to a partnership of SHVO, Deutsche Finance andBLG Capital. The deal was first reported by Crain's ChicagoBusiness.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.