CHICAGO-Canadian Imperial Bank of Commerce has planned to sell an office tower in Chicago's Central Loop. Toronto-based bank has employed John Slivka from Los Angeles-based CBRE Inc.'s Chicago office to market the 22-story building at 123 W. Madison St.
CIBC took back the 79,039-square-foot building almost three years ago through a foreclosure. The bank is asking about $68 per square foot, or $5.4 million, for the property, which is nearly 72% occupied. For the full story, go to Crain's Chicago Business .
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