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Zara founder eyes Chicago’s highest-priced office deal in more than four years

Spanish billionaire Amancio Ortega is in talks to buy 51-story tower from Irvine
Spanish billionaire Amancio Ortega is in talks to buy the Chicago office tower at 1 N. Wacker Drive. (Brett Buthuis/CoStar)
Spanish billionaire Amancio Ortega is in talks to buy the Chicago office tower at 1 N. Wacker Drive. (Brett Buthuis/CoStar)
CoStar News
June 24, 2026 | 3:22 P.M.

One of the world’s wealthiest people is in talks to buy a trophy office tower in Chicago from another billionaire who rarely sells real estate, setting up what could be the biggest office sale in the city in more than four years.

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