River North 17-Story Tower for Sale: Invest in Chicago Real Estate

River North 17-Story Tower for Sale: Invest in Chicago Real Estate

A 17-story River North office tower in Chicago, previously housing Google’s Chicago office and recently vacated by WeWork due to financial struggles during the pandemic, is up for sale potentially below loan value. Cushman & Wakefield has been hired to source a buyer for the 250,000-square-foot space which includes several stories of office space, a ground floor lobby and below ground parking. The Alter Group completed the building in 2000 and are working with Bank of America to explore a sale of this property. This unfortunate trend is seen across several recent Chicago property listings according to Crain’s Business Journal .

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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