"Diversity is essential to all real estate organizations and is simply good business—and that includes not just racial and ethnic diversity, but diversity based on gender and sexual orientation as well."

The four-story 139,431-square-foot building, estimated to cost approximately $56.3 million to complete, will be built on the southwest corner of Clark Avenue and 1st Street on a one-acre parcel.

The aggregate asset valuation is approximately $760 million.

Freddie Mac hopes to close more than $400 million in deals this year and its maximum of $500 million next year.