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1KFultonChicagoReduced 1K Fulton is now 97% leased to tenants such as Google.

CHICAGO—American Realty Advisors has acquired 1K Fulton, the most notable office property in the ascendant Fulton Market area, for $257 million, or about $483 per square foot, one of the higher prices paid for a Chicago building. By comparison, two years ago 300 N. LaSalle was purchased for about $654 per square foot.

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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