Investment manager Citadel’s 37-story former headquarters in Chicago has sold for $137 million, the highest-priced office deal in the city in more than four years, reflecting a massive reset of the office property’s value.
Former Citadel HQ tower nets highest office sale price in Chicago in years
Kohan Retail Investment Group pays $137 million for 37-story tower
By Ryan Ori
CoStar NewsJune 5, 2026 | 9:05 P.M.
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IN THIS ARTICLE
- Properties
- Companies
- Kohan Retail Investment Group
Real Estate
- TPG Angelo Gordon & Co., L.P.
Finance and Insurance
- Hines
Real Estate
- Contacts
- Sam Byczek
Analyst, Analytics, Eastdil Secured, LLC
- Alexander Caron
Portfolio Manager and Investments, Eastdil Secured, LLC
- Mike Kohan
Founder and CEO, Kohan Retail Investment Group
- David Caprile
Vice President, Eastdil Secured, LLC
- Bryan Rosenberg
Managing Director, Eastdil Secured, LLC