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MidwestCRE

Blackstone in talks to pay $1.5B for Willis Tower

Staff Writer April 4, 2017
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Chicago’s tallest building, Willis Tower, might have a new owner soon according to Crain’s.  New York-based Blackstone Group LP has a preliminary agreement to acquire the 110-story building for about $1.5 billion, according to a person familiar with the matter. If the deal goes through, it will be a record office-property sale for Chicago, the third-largest U.S. city.

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