Ivanhoe Cambridge Inks $360M Deal For 2 Chicago Towers

Law360, New York (November 20, 2013, 2:44 PM EST) -- Ivanhoe Cambridge, a real estate subsidiary of institutional fund manager Caisse de depot et placement du Quebec, further expanded its Chicago foothold with the purchase of two office buildings for $360 million in the popular West Loop business district, the company said Wednesday.

Ivanhoe Cambridge said the deal is for 100 percent ownership of twin office buildings at 10 and 120 South Riverside Plaza, more than doubling the company’s holdings in Chicago by adding 130,000 square meters (1.4 million square feet) of office space, raising the...
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