Oak Hill Advisors Acquires Office Building At 110 N. Wacker Dr In Chicago For $1B

The in-contract property transaction at 110 N. Wacker Dr in Chicago has caught the attention of real estate enthusiasts. This office asset, spanning across 1,500,000 square feet, is on its way to being sold. The property is being transacted by the Howard Hughes Corporation, represented by David O'Reilly. The buyer, Oak Hill Advisors, has expressed their interest in acquiring this prime office space.

Summary of Transation Details:

• Property Type: Office
• Transaction Amount: $1,000,000,000
• Address: 110 N. Wacker Dr
• Market: Chicago
• Square Footage: 1,500,000
• Buyer: Oak Hill Advisors
• Seller: Howard Hughes Corporation - David O'Reilly
• Broker: Eastdil Secured

David O'Reilly, representing the Howard Hughes Corporation in this transaction, has been instrumental in facilitating the deal. Eastdil Secured, the broker involved, has played a crucial role in matching the buyer and seller. With a sale price of $1,000,000,000 and a price per square foot of $667, this transaction is one of the most notable ones in the market. Both the buyer and the seller are looking to capitalize on this lucrative opportunity.