John Buck Company JV Commits $145M to Develop 36-story Office Tower

Source:  REJournals.com

The John Buck Company and its partners, Canada Pension Plan Investment Board and the INDURE Fund managed by National Real Estate Advisors, have agreed to commit $145 million of equity capital to initiate a new office tower at 151 N. Franklin. The development will be located at the northeast corner of Franklin and Randolph streets. The first new office project to be delivered in Chicago since 2009, 151 N. Franklin will be zoned up to a 36-story tower, with 825,000 square feet available to ...

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