Tishman Speyer Acquires Trophy Office Tower in Chicago

The LEED CS-Gold certified, 46-story, 1,184,000-square-foot Class A building in Chicago’s River North submarket offers first-class on-site and nearby amenities.

PRLog (Press Release)Dec 17, 2010 – Chicago, IL – Tishman Speyer recently announced the acquisition of
353 N. Clark, a trophy-quality office tower in Chicago’s River North submarket. Financial terms were not disclosed.Designed by architect Dirk Lohan of Lohan Anderson, the 46-story, 1,184,000-square-foot Class A building offers breathtaking views along with first-class on-site and nearby amenities. The building is LEED CS-Gold certified (http://www.tishmanspeyer.com/capabilities/su/newbldg.aspx) and was developed by Mesirow Financial Real Estate.  Its largest tenants are Mesirow Financial and Jenner & Block. 

“As the city’s largest owner of Class A office buildings, Tishman Speyer is well positioned to take advantage of market demand for the highest-quality space in Chicago.  This property is a great addition to our world-class office portfolio and the acquisition demonstrates our confidence in the Chicago market,” said Senior Managing Director Casey Wold.

About Tishman Speyer

Tishman Speyer (http://www.tishmanspeyer.com) is one of the leading developers, owners, operators, and asset managers of first class real estate worldwide.  Active across North America, Europe, South America, and Asia, many of the world’s most prestigious corporations rely on Tishman Speyer to meet their office space needs.  Since its founding in 1978, the firm has acquired, developed and/ or managed a portfolio of over 116 million sq. ft. valued at over USD $50.2 billion.  Signature assets include New York’s Rockefeller Center and the Chrysler Center, Frankfurt’s MesseTurm and Opernturm, Sao Paulo’s Torre Norte, and Ventura Corporate Towers in Rio de Janeiro.  Tishman Speyer has projects in different stages of development in Shanghai, Chengdu and Tianjin.

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