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|Call for Offers||2021-08-04|
Jones Lang LaSalle (Illinois), L.P. (“JLL”) has been exclusively retained to present the opportunity to acquire the 100% fee simple interest in 2 North LaSalle (the “Property”, or “2NL”). The offering presents an investor with the very rare opportunity to create a core asset in an existing multi-tenant building. Prominently situated at LaSalle and Madison Streets, commonly referred to as “Main + Main” in the heart of Chicago’s CBD, the Property is at the epicenter of the most heavily trafficked intersection in Chicago’s Loop.
- “Creating Core at Main + Main” Business Plan
- Stable, Long-Term Cash Flow Bolstered by the City of Chicago with Upside Potential
- Uniquely Competitive Vacancy
- Critical Proximity to Courthouses
- At the Epicenter of the Most Heavily Trafficked Cross-Section in the Chicago CBD
- Attractive Price Relative to Replacement Cost: 50%-Plus Discount