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190 South Lasalle Street

Updated Dec 9, 2025

Namdar Realty Group CH Capital Group And Mason Asset Management Acquire Office In Chicago For $55M
SOLDOffice

Namdar Realty Group CH Capital Group And Mason Asset Management Acquire Office In Chicago For $55M

190 South Lasalle Street

$55,000,000

$68/SF

Building Size

800,000 SF

Asset Type

Office

Closing

Dec 1, 2025

About this deal

AI

The asset involved in this transaction is an office property located at 190 South Lasalle Street in Chicago, IL. The property was sold for a transaction amount of $55,000,000, covering a total area of 800,000 square feet, which equates to a price per square foot of $68.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $55,000,000
  • Square Footage: 800,000
  • Price per Square Foot: $68
  • Buyer: Namdar Realty Group, CH Capital Group & Mason Asset Management
  • Seller: Beacon Capital Partners
  • Broker: Cody Hundertmark & Tom Sitz - Cushman & Wakefield
  • Date of Transaction: 12/2/2025
  • Market: Chicago, IL

Key individuals involved in this transaction include Cody Hundertmark and Tom Sitz from Cushman & Wakefield, who acted as brokers in the sale. The buyer group consists of Namdar Realty Group, CH Capital Group, and Mason Asset Management, while the seller is Beacon Capital Partners.

On the Map

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$55,000,000

$68/SF

Office

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Players

Cody Hundertmark

Cushman & Wakefield

Broker

$566M

vol

10 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage
Namdar Realty Group
Namdar Realty GroupBuyer
Beacon Capital Partners
Beacon Capital PartnersSeller
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Chicago Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $68 per square foot on a published $55M for 800,000 square feet (2025).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.29%

Cash-on-Cash

-0.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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