Articles About Pritzker Realty Group LLC

Author:
James I. Clark III
Posted:
12.28.2010

Chicago’s Hyatt Center Sells at a 6.1 Cap Rate

The $625 million sale of the 49-story Hyatt Center at 71 South Wacker Drive is proof that the market is still strong for high-credit trophy buildings; the price represents a 6.1 percent cap rate.  The purchaser is Southern California-based Irvine Companies, which plans to close the deal as quickly as possible. The $419 PSF sales […]

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