The 20 S. Clark St. property is a 30-story, 356,404-sfmulti-tenant office building. At the time of the acquisition, theproperty was 91% occupied by 25 tenants. Major tenants include BankOne, the investment-banking firm Houlihan Lokey Howard & Zukin,as well as the law firm Ogeltree, Deakins. Significant improvementsare planned for the building, including elevator modernization,lobby renovations and technological upgrades.

"The opportunity to expand our portfolio within Chicago is veryexciting," says Martin J. Sweeney, vice president, M & JWilkow, Ltd. "We remain bullish on Chicago's CBD and believe thatthe residential and cultural renaissance occurring downtown willhelp propel the office market for the next several years. The youngand educated now prefer to live and play downtown and with today'stight labor markets, employers need to be close to their workforce.Consequently, we will continue to see firms relocating from thesuburbs to the city's core. 20 S. Clark St., with its centrallocation, efficient layouts and planned enhancements, will be wellpositioned to compete in this dynamic market."

M & J Wilkow, Ltd. is a full-service real estate firm thatinvests, leases, manages and sells real estate for its own account,as well as for third parties. M & J Wilkow is currentlyresponsible for the management and leasing of over 60 properties inthe United States covering the entire spectrum of office, retail,residential, resort and industrial properties.