Equus Capital Sells Landmark Chicago Office Tower For $69M

Law360, New York (February 12, 2014, 3:25 PM EST) -- Equus Capital Partners Ltd. has struck a $69 million deal to sell 200 S. Michigan Ave. in Chicago, a building once named "The Office Building of the Year" by Chicago's chapter of the Building Owners and Management Association, the company said Wednesday.

According to the Philadelphia-based private equity real estate fund manager, the 357,777-square-foot office building was 89 percent occupied at the time of its sale. The buyer was not disclosed Wednesday. Joseph Neverauskas, senior vice president and head of Equus' Chicago regional office, said in...
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