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MidwestCRE

Ivanhoé Cambridge, Callahan Capital Properties complete $198M acquisition of 180 N LaSalle

Staff Writer April 2, 2017
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Ivanhoé Cambridge and its partner, Callahan Capital Properties, have announced the completed acquisition of 180 North LaSalle Street in downtown Chicago for approximately $198 million.

Built in 1971 and recently renovated in 2015, 180 North LaSalle is a 38-story, 769,000-square-foot, Class A office building located in the heart of Chicago’s Central Loop submarket at the corner of LaSalle and Lake Street.

The building benefits from its proximity to abundant retail, dining and cultural amenities as well as River North and the Chicago Riverwalk, a newly constructed pedestrian path alongside the Chicago River.  The building also sits directly across from the downtown “El” hub where all six train lines feed into this station.

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