Golub, Blackrock Swap Chicago Office Bldg. for $183.5 Million

Golub & Co. and BlackRock Inc. traded the 439,434-square-foot office building at 22 W. Washington St. in downtown Chicago for $ 183.5 million or $ 418 per square foot. Prudential Real Estate Investors purchased the 17-story structure on behalf of institutional investors in its core real estate fund.

In October 2006, the Golub/BlackRock partnership acquired the land at 22 W. Washington referred to as “Block 37.” The Mills Corp., the seller, is the…
National Commercial Real Estate News From CoStar Group