CHICAGO-The proprietor of the trophy office building at 300 N. LaSalle St. is planning to sell a joint venture interest in the 60-story office tower. A real estate investment trust supported by KBS Realty Advisors LLC has tapped Eastdil Secured LLC to market 49% stake in the high-rise.
In July 2010, the Newport Beach, California-based REIT purchased the 1.3-million-square-foot building for $655 million from Houston-based Hines Interests LP. Completed in 2009, the downtown Chicago office tower is 93% occupied by 24 tenants. For the full story, go to Crain's Chicago Business .
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