Landmark AMA Plaza in Chicago listed for sale by HFF

AMA Plaza, on the Chicago River in River North area of Chicago, IL

Jaime Fink

CHICAGO, IL – Holliday Fenoglio Fowler, L.P. (HFF) announced it has been engaged by an affiliate of Five Mile Capital Partners (Five Mile Capital) to market and sell AMA Plaza, a 1.14 million-square-foot, Class A, trophy office and adjacent 902-stall parking garage located on the Chicago River in the River North area of Chicago, Illinois.

Home to the American Medical Association, the 95-percent-leased AMA Plaza boasts a roster of internationally-recognizable, high-quality tenants with a weighted average lease term of nearly 9.5 years. 

The 52-story building is one of Chicago’s premier office towers.  AMA Plaza is a LEED Gold Certified multi-tenant office building situated on top of a separately owned 316-room, five-star luxury Langham Hotel. 

 AMA Plaza, through a recent $73.7 million base-building capital expenditure plan, has been completely redeveloped with all new mechanical systems, elevators, HVAC, restrooms, corridors and a “Green Roof.” 

The property is virtually a new building within an elegant glass and steel façade.  Located on a 1.6-acre site in downtown Chicago on the banks of the Chicago River, AMA Plaza is a designated Chicago Landmark and listed on the National Register of Historic Places.

Jeff Bramson

 The building is the last and largest American building designed by the renowned architect Ludwig Mies van der Rohe, who achieved visual richness through his meticulous choice of materials and minimalist design.

The HFF team representing Five Mile Capital is being led by senior managing directors Jaime Fink, Jeff Bramson and Michael Kavanau, executive managing directors John Pelusi and Gerard Sansosti and managing director Mark Katz. 

“AMA Plaza represents a worldwide generational opportunity to acquire an irreplaceable architectural icon,” Fink said.  “The property transcends the local market and takes its place among the best trophy office towers in the world.”

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

Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com

krmurphy@hfflp.com