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

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.