KBS Real Estate

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300 N. LaSalle sold for $655 million

The 1.3-million-square foot office building at 300 N. LaSalle St. has been sold to a California real estate investment trust for $655 million. Holliday Fenoglio Fowler, L.P.’s Chicago and New York offices closed the sale on behalf of the building’s current owner, Hines, a privately-owned real estate firm and have acquired $350 million in financing from MetLife Inc. for KBS Real Estate Investment Trust II Inc., the buyer. Get the full story »