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March 28, 2018  

Buyers Snag 2 Chicago-Area Offices

Two suburban Chicago office complexes are trading for a total of $280 million in separate deals.Angelo, Gordon & Co. of New York has agreed to buy the controlling interest in the 835,000-square-foot Presidents Plaza office complex on Chicago’s outskirts. The deal values the property at roughly $148 million, or $177/sf. JLL is brokering the sale for a joint venture between PGIM Real Estate and GlenStar Properties of Chicago. GlenStar will...

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