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Callahan Capital Partners & Oak Hill Advisors Acquire Office Building On 110 N. Wacker Drive In Chicago For $210M

Property Image
SOLD
$210,000,000

Illinois

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Office1,500,000 SF
Sold 03/31/2022
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Property Image
SOLD

Callahan Capital Partners & Oak Hill Advisors Acquire Office Building On 110 N. Wacker Drive In Chicago For $210M

110 N Wacker Dr, Chicago, Illinois 60606, United States

See Similar Deals
Office1,500,000 SF
Sold 03/31/2022
Contact now

Summary

ILLINOIS
Asset Type:Office
Price Per Square Foot:$140
Total Square Footage:1,500,000 SF
Transaction Type:Sale

The office building located at 110 N. Wacker Drive in Chicago has been sold in a transaction facilitated by Eastdil Secured. The property, totaling 1,500,000 square feet, was acquired by Callahan Capital Partners and Oak Hill Advisors from The Howard Hughes Corp., represented by David R. O’Reilly. The sale price for the office asset was $210,000,000, resulting in a price per square foot of $140.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $210,000,000
  • Square Footage: 1,500,000
  • Address: 110 N. Wacker Drive, Chicago
  • Market: Chicago

The buyers in this transaction were Callahan Capital Partners and Oak Hill Advisors. They acquired the office building from The Howard Hughes Corp., with David R. O’Reilly representing the seller. Eastdil Secured acted as the broker for this deal, facilitating the transaction between the parties involved.

Players

BUYER


David R. O’Reilly
5 deals$1.7B volume
SELLER

David R. O’Reilly
5 deals$1.7B volume
SELLER

Details

SOLD
IMAGE: David R. O’Reilly DATE: 03/31/2022 ADDRESS: 110 N. Wacker Drive MARKET: Chicago ASSET TYPE: Office BUYER: Callahan Capital Partners & Oak Hill Advisors SELLER: The Howard Hughes Corp. - David R. O’Reilly BROKER: Eastdil Secured SALE PRICE: $210,000,000 SF: 1,500,000 ~ PPSF: $140

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