CHICAGO-Commonwealth REIT, a Massachusetts-based real estate investment trust, has decided to buy the Triangle Plaza office complex situated near O'Hare International Airport from John Buck Co. for $97 million. The company would pay about $154 per square foot for the building, which measures 631,445 square feet.
The firm, which is planning to increase its portfolio of office properties in suburban Chicago, has made an agreement to purchase the two-building office complex located at 8750 and 8770 W. Bryn Mawr Ave. For the full story, go to Crain's Chicago Business.
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