CBRE Global Investors has closed its acquisition of 161 North Clark Street, a 1.1 million-square-foot trophy office building in downtown Chicago, after a protracted sales process.

Peter DiCorpo, president of CBREI’s U.S. Mananged Accounts Group, told REFI that the deal was a ‘labor of love.’. “I have never worked on a deal that died three or four times before it got done. The excitement level was pretty good,” he said. Although DiCorpo....

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