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| 10 and 120 South Riverside Plaza, West Loop, Chicago, IL |
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| Timothy Joyce |
HFF worked on behalf of the
borrower, an affiliate of Ivanhoé Cambridge advised by Callahan Capital
Properties, to secure the fixed-rate loan for the property.
10 and 120 South Riverside,
designed by Skidmore, Owings and Merrill, is located on the western bank of the
Chicago River’s South Branch directly between Union Station and the Ogilvie
Transportation Center.
The HFF team representing
the seller was led by managing directors Timothy Joyce and Christopher Carroll.
Ivanhoé Cambridge is a world-class real estate company
that leverages its high-level expertise in all aspects of real estate including
investment, development, asset management, leasing and operations, to deliver
an optimal return for its investors.
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| Christopher Carroll |
Through its multiple subsidiaries, its assets in more than 20
countries are valued at more than Cdn$35 billion as at December 31, 2012.
Ivanhoé Cambridge is a real
estate subsidiary of the Caisse de dépôt et placement du Québec, one of Canada's
leading institutional fund managers.
www.ivanhoecambridge.com.
Callahan Capital Properties
(“CCP”) is a real estate investment firm focused on acquiring high quality
office properties throughout the United States and leveraging substantial
experience and expertise in asset management to enhance value.
In December 2012, Ivanhoe
Cambridge - selected CCP to join forces in the development of its U.S. office
real estate platform and the management of its expanding office portfolio in
major gateway markets.
Since joining forces,
Ivanhoé Cambridge and CCP have acquired over 5.0 million square feet of Class A
office properties in New York, Chicago and Seattle. www.callahancp.com.
For a complete copy of the company’s news release, please
contact:
Kristen M. Murphy
Associate Director
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
tel (main) 617-338-0990 |
(direct) 617-338-1572 | cel 617.543.4873 | www.hfflp.com
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