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Investors to buy massive Chicago office building that Blackstone handed back to lender

Pair of executives strike discounted deal as US urban markets undergo pricing reset
Chicago real estate executives Max Meyers and Jason Trailov plan to buy the Chicago office building at 350 N. Orleans St. (Robert Gigliotti/CoStar)
Chicago real estate executives Max Meyers and Jason Trailov plan to buy the Chicago office building at 350 N. Orleans St. (Robert Gigliotti/CoStar)
CoStar News
June 24, 2026 | 4:25 P.M.

A pair of investors have a deal to buy a major Chicago office building that Blackstone walked away from when its loan matured, lining up the latest big price reset for office properties in major cities.

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