The owner of the riverfront property was represented by Russ Cora, Larry Cohn and Juan DeAngulo."Sales have been good, but of course, anyone would say they'd love see them sell faster," DeAngulo tells GlobeSt.com. "There's a general wait-and-see attitude with the election coming up, but we've had great activity obviously the last three to four weeks. We expect a lot of decisions toward the end of this year, and early next year."

The building was purchased in 2006 by an affiliate of Cape Horn, and the company put the building space on the market in February. The building's occupancy rate is higher than 82%, and remains a mix of office suites and leased space awaiting conversion, according to DeAngulo. "From an ownership standpoint, you're on Wacker Drive and owning a piece of history that has been part of the skyline for decades," DeAngulo says. "The building has many amenities and a great tenant community." DeAngulo says the building also offers proximity to public transportation, just minutes from Union Station, and to the courts, which has proven especially attractive for the numerous law firms that have chosen to locate there.

Investor Pearl Properties purchased 14,433 sf on the building's first floor. Five law firms also acquired space in the building: Parente and Norem bought 4,484 sf to occupy the building's entire 27th floor, Samuel V. P. Banks purchased 4,043 sf on the 38th floor, Dwyer & McDevitt Ltd. bought 2,958 sf on the 16th floor, Dinizulu Law Group 2,024 sf on the 11th floor, and Zhang & Associates 1,521 sf on the 12th floor. Two tenants previously leasing in the building bought their space. Digital imaging firm ImageFiction, of Chicago, purchased the 1,867 sf it has been occupying on the 15th floor. Retail technology and payment specialist W. Capra Consulting purchased its 3,871 sf on the 13th floor.