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Real Estate Rumor Mill: Blackstone, CBRE, Fried Frank

By Natalie Rodriguez (March 6, 2015, 12:01 PM EST) -- Blackstone Group LP is reportedly in preliminary talks and peforming due diligence to purchase Chicago's Willis Tower for about $1.5 billion from current owners Joseph Chetrit, Joseph Moinian and American Landmark Properties Ltd., according to a Crain's report, which cited an unnamed source. The 110-story tower, which is home to United Airlines, is 84 percent leased, and word that it was up for sale had the market buzzing earlier this month....

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