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Ivanhoe Cambridge, Callahan Capital Secure 40% Stake in 515 N. State

Joint Venture Puts Up $55 Million for Minority Ownership in Downtown Asset
By Bryce Meyers
CoStar News
March 31, 2015 | 2:06 P.M.

Montreal-based institutional investor Ivanhoe Cambridge teamed up with local equity firm Callahan Capital Properties to acquire a 40% stake in 515 N. State St. in downtown Chicago for approximately $55 million.

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