"We have absolutely known that Chicago was a city with a strongeconomic underpinning," Jason Mattox, executive vice president withBehringer, tells GlobeSt.com. "Chicago was a city where we wantedan asset that would make an impact, and this was the right entrancefor us into that market."

Mattox says the acquisition had "the right recipe for along-term hold." Most importantly, he says, was the building's"strong" tenant base. Occupants in the 1.1-million-sf officebuilding include Metropolitan Chicago Healthcare Council, whichrecently signed an early renewal for its 35,000 sf, Deutsche Bank,Fifth Third Bank and Trading Technologies.

Management and leasing of the Riverside Plaza properties hasbeen assigned to Trammell Crow Co. Designed by Skidmore, Owings& Merrill LLP and constructed in 1971, Riverside was renovatedin 2001 and again during the during the past two years. In 2004,Beacon Capital paid $192 million for the 1.1-million-sf asset, or$175 per sf.