Office Properties Income Trust Acquires Office Building At 1000 W Fulton St In Chicago For $355M
1000 W Fulton St, Chicago, IL, USA
$355,000,000
$668/SF
Building Size
531,190 SF
Asset Type
Office
Closing
Jun 28, 2021
About this deal
AI
Office Properties Income Trust has acquired a office property located at 1000 W Fulton St in Chicago. The property, measuring 531,190 square feet, was sold by American Realty Advisors for a total of $355,000,000. The purchase price per square foot comes to $688.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $355,000,000
- Address: 1000 W Fulton St, Chicago
- Square Footage: 531,190
The deal was facilitated by Stephen Livaditis, Matthew Graham, and Bryan Rosenberg from Eastdil Secured, representing Office Properties Income Trust. American Realty Advisors acted as the seller in this transaction.
On the Map
$355,000,000
$668/SF
Office
View full map
Players
Chicago Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Visit Stephen Livaditis to view all their deals.
Browse Illinois office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.04%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93