CHICAGO-Sears Tower already has a new owner as well as a new company in charge of property management. The tallest building in the Western Hemisphere also has a new director in Barbara Carley, who joins CB Richard Ellis from Equity Office Properties Trust, where she oversaw the largest US office REIT’s 4.5-million-sf suburban office portfolio in this market.

Carley is a 17-year property management veteran, with seven years working in the Chicago market. “Barbara will integrate leasing, marketing and building operations to fulfill 233 S. Wacker LLC’s vision of improving the quality of life at Sears Tower while increasing asset value,” says CB Richard Ellis managing director Sam Delisi.

The New York-based partners involved in 233 S. Wacker LLC bought the 110-story, 3.5-million-sf West Loop office tower from MetLife earlier this year in an $835-million deal. Trizec Properties, Inc., which once was in line to assume ownership of the building, had been managing the property for MetLife but was replaced by CB Richard Ellis upon closing.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.