 |
| Lisa Davidson |
CHICAGO, IL, May 19, 2016
- Holliday Fenoglio Fowler, L.P. (HFF) announced today the closing of the Old Post Office, Van Buren Street,
Chicago sale, a 2.7 million-square-foot, riverfront development site on the
southwest side of downtown Chicago.
New York-based investment
group 601W Companies purchased the site and was represented by HFF senior
managing directors Jaime Fink and
Jeffrey Bramson in the transaction.
The seller, International
Property Developers North America (IPDNA), was represented by Richard Sykes of
Savills UK and Lisa Davidson and Tiffany
Winne of Savills Studley.
The Old Post Office
property consists of the former art deco-style Post Office Building and
adjacent sites, which were acquired by IPDNA in 2009.
 |
| Tiffany Winne |
Detailed planning entitlements incorporating
an additional 7.5 million square feet were obtained from the City Council in
2013; designed by the eminent Chicago architects Antunovich Associates.
Situated at 433 West Van
Buren Street, the property is adjacent to the Eisenhower Expressway, within
walking distance of Union Station and located above connections to the CTA Blue
Line Station, Metra, Amtrak and the future high-speed rail terminal
platforms.
The riverfront location also
allows for potential access to water taxi, riverboat and tour boat
terminals.
For a complete copy of the company’s news
release, please contact:
Kristen M. Murphy
Director, Marketing
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
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Twitter @SavillsStudley
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