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

Anagram Real Estate strikes discounted deal as US urban markets undergo pricing reset
Anagram Real Estate plans to buy the Chicago office building at 350 N. Orleans St. (Robert Gigliotti/CoStar)
Anagram Real Estate plans to buy the Chicago office building at 350 N. Orleans St. (Robert Gigliotti/CoStar)
CoStar News
June 24, 2026 | 4:25 P.M.

An investor has 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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