Green Touch Builders | Blackstone Group buys Willis Tower, Chicago's tallest building, for $1.3B
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March 16, 2015 By SEO Admin

Blackstone Group buys Willis Tower, Chicago's tallest building, for $1.3B

Days after reports emerged that the Willis Tower was for sale and that New York-based Blackstone Group was the front-runner to buy the building, it appears a deal is done and the iconic Chicago tower will sell for a Chicago record price.

Though some speculated the price might climb to $1.5 billion, MarketWatch reported Blackstone (NYSE: BX) will pay $1.3 billion, the highest price ever paid for an American office tower not in New York City. That report pointed out that, despite that high total price,…