BY THE NUMBERS
CHICAGO—Using Yardi Matrix data, Commercial Café just released a study of the 50 largest office deals in 2017. Although the investment market for Chicago office slowed down from the frenetic pace of several years ago, two of the city's deals made the list. HNA Group bought 181 W. Madison St. from CBRE Global Investors for $359 million, the 39th most expensive deal. The China-based HNA was the most active Asian investor in the US market, and also bought 245 Park Ave. in Manhattan for $2.2 billion. Walton Street Capital bought 401 N. Michigan Ave. from Zeller Realty Group for $350 million, the 40th deal on the list.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
