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600 West Fulton Street

Updated Jul 6, 2026

Bilt advertisement
Matt Garrison Of R2 Companies Acquires Office Building At 600 West Fulton Street For $17.6M
SOLDOffice

Matt Garrison Of R2 Companies Acquires Office Building At 600 West Fulton Street For $17.6M

600 West Fulton Street

$17,600,000

$81/SF

Building Size

214,768 SF

Asset Type

Office

Closing

Jul 6, 2026

About this deal

AI

R2 Companies acquired an office property located at 600 West Fulton Street, Chicago, IL. The asset is a nine-story building with a total square footage of 214,768. The sale was completed with a transaction price of $17,600,000, translating to a cost per square foot of $82.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $17,600,000
  • Buyer: Matt Garrison
  • Buyer’s Company: R2 Companies
  • Market: Chicago, IL
  • Square Footage: 214,768
  • Price per Square Foot: $82

Matt Garrison, representing R2 Companies, played a key role in this transaction. The purchase by R2 Companies signifies a notable 44% discount from the previous acquisition price of $31.7 million paid in 2006 for the same property.

Players

Matt Garrison

R2 Companies

Buyer

$118.6M

vol

7 deals

Buyer

Rochester Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $81 per square foot on a published $17.6M for 214,768 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.90%

Cash-on-Cash

-0.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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