Canadian Fund Makes a Big Bet in Chicago with $361M Riverside Plaza Buy

Canadian Fund Makes a Big Bet in Chicago with $361M Riverside Plaza Buy

Ivanhoe Cambridge, a subsidiary of a large Canadian institutional fund, has partnered with Callahan Capital Properties (CCP) to continue to grow its footprint in the Chicago market, recently closing the $361 million purchase of Riverside Plaza in the West Loop.

Dallas-based TIER REIT Inc., formerly known as Behringer Harvard, has completed the sale of the two-building, 1.4-million-sq.-ft. complex. The towers are 89 percent leased to tenants such as CDW, Arnstein

Register to view the full article

This article is part of our premium content subscription. You need to subscribe to gain access to premium content.

Why Register for NREIonline? It's simple and free, and here is what you get:

• Access to leading real estate industry research.
• Interactive rankings of commercial real estate professionals.
• Submit your own articles, (if approved) which will appear around the site.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish