Two local real estate investors have bought the loan on a 23-story office building in Chicago’s Loop business district for a fraction of its value, positioning the firms for their third discounted office purchase in the Chicago area in the past two years.
Partners strike third deal for distressed Chicago office property in two years
Franklin Partners, Bixby Bridge Capital buy loan on 23-story downtown tower
By Ryan Ori
CoStar NewsApril 29, 2026 | 2:42 P.M.
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IN THIS ARTICLE
- Properties
- Companies
- Franklin Partners
Real Estate
- Bixby Bridge Capital
Finance and Insurance
- Accesso Partners
Real Estate