The family that owns Mexican tequila maker Jose Cuervo has a deal to buy a 35-story office tower in Chicago for less than $100 million, a fraction of the previous sale price six years earlier, in an example of falling values throughout the country amid reduced office usage, rising interest rates and other challenges.
Jose Cuervo Family Agrees To Buy Chicago Office Tower at Steep Discount
Agave Holdings Is Said To Be Paying Less Than $100 Million for 35-Story Building Along River
By Ryan Ori
CoStar NewsApril 28, 2023 | 9:16 P.M.
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IN THIS ARTICLE
- Properties
- 300 South Wacker
300 Wacker Dr, Chicago, IL
- 303 W Madison
303 Madison St, Chicago, IL
- Companies
- Agave Holdings LLC
Real Estate