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Cushman & Wakefield's Chicago Headquarters Sells at Slight Discount

Spear Street Buys Tower for $210 Million as Pandemic Uncertainty Clouds Commercial Real Estate
Spear Capital Managment paid $210 million for the 31-story tower at 225 W. Wacker Drive in Chicago. (CoStar)
Spear Capital Managment paid $210 million for the 31-story tower at 225 W. Wacker Drive in Chicago. (CoStar)
By Jennifer Waters
CoStar News
May 20, 2020 | 4:47 P.M.

In the first major sign of opportunistic purchases in Chicago during the coronavirus pandemic, Spear Street Capital picked up a well-located downtown skyscraper at a 5% discount.

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