Fortinet Acquires Office Building In Chicago's West Randolph St For $20.8M

Fortinet, led by Ken Xie, has acquired an office asset located at 564 West Randolph St in Chicago. The property spans approximately 94,000 square feet and was sold by Pritzker Realty Group for a total price of $20,800,000. This translates to a price per square foot of $221.

Summary of transation details

• Property Type: Office
• Transaction Amount: $20,800,000
• Address: 564 West Randolph St, Chicago
• Buyer: Fortinet - Ken Xie
• Seller: Pritzker Realty Group

Ken Xie, representing Fortinet, was instrumental in finalizing the deal for the acquisition of this office property. Fortinet, under the leadership of Ken Xie, continues to expand its presence in the Chicago market with this strategic purchase.