The portfolio includes the 39-story One Financial Place at 440S. LaSalle St. with one million sf of rentable space; the twin21-story buildings with a total of nearly 1.4 million sf of spaceat 10 S. Riverside Plaza and 120 S. Riverside Plaza; and 200 S.Wacker Dr., a 40-story office tower with 750,000 sf of rentablespace.

All of the properties have an occupancy rate of more than 90%except for 200 S. Wacker Dr., which has an occupancy rate ofapproximately 80%, says Jason Mattox, executive vice president atBehringer. "We like Chicago as a long-term market," Mattox says.Chicago has "a strong demographic" Fortune 500 companies and a"24-hour nature," he says. Behringer was also interested in theportfolio because of the locations, the "high credit tenants" andbecause the buildings are "absolutely unique," Mattox says.

Jones Lang LaSalle, based here, currently manages and leases allof the buildings except for 200 S. Wacker Dr. which is managed andleased by Chicago-based John Buck Co., he says. Behringer Harvarddoes not plan on changing the management and leasing of thebuildings, Mattox says. Some of the major tenants include GoldmanSachs, Chicago Stock Exchange, Morgan Stanley, Merrill Lynch, CDWCorp., Zurich American, Boston Consulting Group, Orbitz.com and theUniversity of Illinois.