333 West Wolf Point Plaza
333 West Wolf Point Plaza
$610,000,000
$508/SF
Building Size
1,200,000 SF
Asset Type
Office
Closing
Mar 17, 2025
AI
The asset involved in the transaction is an office property located at 333 West Wolf Point Plaza in Chicago. The lender for this deal is Wells Fargo, and the loan amount is $610,000,000.00.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $610,000,000.00
- Address: 333 West Wolf Point Plaza
- Market: Chicago
- Lender: Wells Fargo
- Landlord: Laura Pierce-Hines - Hines; Chris Kennedy
Key individuals involved in this transaction include Laura Pierce-Hines representing Hines and Chris Kennedy. They play significant roles as landlords in this property deal.
Players
Chicago Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.03%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93