CBRE Global Investors Buys 161 N. Clark St. on Behalf of Korean Investors

Source:  REJournals.com

CBRE Global Investors’ U.S. Managed Accounts Group has acquired 161 N. Clark St., a 49-story trophy-quality office building located in the Central Loop submarket of downtown Chicago, on behalf of a consortium of Korean investors led by Korea Post. The seller was Tishman Speyer. The property, which totals more than 1 million square feet, is 93 percent leased to a diverse roster of tenants with limited rollover. The U.S. Managed Accounts team plans to implement a $14 million ...

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