| There is growing interest by private investors from the East and West Coasts in the Chicago office market today. One of these loosely-affiliated groups of high-net worth individuals bought the 540 West Madison Street building in Chicago's West Loop-- just west of Chicago's main CBD--for $350 million at the end of December.
The fact that these East and West Coast buyers are looking to Chicago to make large investments is a good sign for the health of the market, says Michael Lirtzman, executive vice president at Transwestern in Chicago...............................................Full Article: Source
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