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Big Chicago Office Investor Pays More Than $85 Million for Suburban Apartments

New York Firm Behind $1 Billion Old Post Office Redevelopment Seeks Opportunity Outside City
Buckingham Place, a 267-unit apartment building in Des Plaines, Illinois, sold for $85.6 million. (CoStar)
Buckingham Place, a 267-unit apartment building in Des Plaines, Illinois, sold for $85.6 million. (CoStar)
CoStar News
December 17, 2021 | 7:03 P.M.

A firm known for huge office investments in downtown Chicago, including the Old Post Office redevelopment, is branching out with a nearly $86 million purchase of a suburban apartment building.

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