{"id":1004089210,"date":"2013-12-02T12:42:16","date_gmt":"2013-12-02T20:42:16","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=221740"},"modified":"2022-12-08T18:18:34","modified_gmt":"2022-12-09T02:18:34","slug":"ivanhoe-cambridge-adds-1-4-msf-of-office-space-to-west-loop-portfolio","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/ivanhoe-cambridge-adds-1-4-msf-of-office-space-to-west-loop-portfolio\/","title":{"rendered":"Ivanho\u00e9 Cambridge Adds 1.4 MSF of Office Space to West Loop Portfolio"},"content":{"rendered":"

By Gabriel Circiog, Associate Editor<\/em><\/p>\n

\"\"<\/a>Ivanho\u00e9 Cambridge recently announced that it has expanded its Chicago office portfolio by acquiring twin office buildings 10 and 120 South Riverside Plaza, in partnership with Callahan Capital Properties.<\/p>\n

Located in the West Loop submarket of Chicago\u2019s business district, the property adds 1.4 million square feet of office space to the company\u2019s portfolio. The investment of more than $360 million in 100-percent ownership of the properties strengthens the company\u2019s position in the West Loop.<\/p>\n

\u201cChicago is one of the key U.S. cities we\u2019ve set our sights on in order to build a solid national high-quality office building platform,\u201d says Adam Adamakakis, executive vice president, U.S. investments, Ivanho\u00e9 Cambridge. \u201cThis successful transaction proves one more time how effective our partnership with Callahan Capital Properties can be in one of the most competitive real estate markets in the United States.\u201d<\/p>\n

Situated on the west bank of the Chicago River, a short distance away from the two busiest commuter rail hubs in the city\u2019s business district, the 21-story 10 and 120 South Riverside Plaza towers have both received LEED Gold EB certification. The twin buildings occupy two full city blocks.<\/p>\n

The new investment in Chicago comes 18 months after the real estate company announced the start of construction on the River Point Tower. Also located in the West Loop, River Point Tower is the largest property development project of the past five years in Chicago. The enthusiasm for the submarket was confirmed just days later when a major law firm was announced as an anchor-tenant, leasing over 225,000 square feet of space in the new tower.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ivanhoé Cambridge recently announced that it has expanded its Chicago office portfolio by acquiring twin office buildings 10 and 120 South Riverside Plaza, in partnership with Callahan Capital Properties.<\/p>\n","protected":false},"author":264,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21742],"tags":[1815],"class_list":["post-1004089210","post","type-post","status-publish","format-standard","hentry","category-chicago","category-latest","tag-national"],"acf":[],"yoast_head":"\nIvanho\u00e9 Cambridge Adds 1.4 MSF of Office Space to West Loop Portfolio - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/ivanhoe-cambridge-adds-1-4-msf-of-office-space-to-west-loop-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ivanho\u00e9 Cambridge Adds 1.4 MSF of Office Space to West Loop Portfolio\" \/>\n<meta property=\"og:description\" content=\"Ivanhoé Cambridge recently announced that it has expanded its Chicago office portfolio by acquiring twin office buildings 10 and 120 South Riverside Plaza, in partnership with Callahan Capital Properties.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/ivanhoe-cambridge-adds-1-4-msf-of-office-space-to-west-loop-portfolio\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-12-02T20:42:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T02:18:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/11\/10-and-120-South-Riverside-Plaza2.jpg\" \/>\n<meta name=\"author\" content=\"Gabriel Circiog\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ivanhoe-cambridge-adds-1-4-msf-of-office-space-to-west-loop-portfolio\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ivanhoe-cambridge-adds-1-4-msf-of-office-space-to-west-loop-portfolio\\\/\"},\"author\":{\"name\":\"Gabriel Circiog\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/dc807179924e7fea3aeab259237f45a5\"},\"headline\":\"Ivanho\u00e9 Cambridge Adds 1.4 MSF of Office Space to West Loop Portfolio\",\"datePublished\":\"2013-12-02T20:42:16+00:00\",\"dateModified\":\"2022-12-09T02:18:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ivanhoe-cambridge-adds-1-4-msf-of-office-space-to-west-loop-portfolio\\\/\"},\"wordCount\":278,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ivanhoe-cambridge-adds-1-4-msf-of-office-space-to-west-loop-portfolio\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/11\\\/10-and-120-South-Riverside-Plaza2.jpg\",\"keywords\":[\"National\"],\"articleSection\":[\"Chicago\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ivanhoe-cambridge-adds-1-4-msf-of-office-space-to-west-loop-portfolio\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ivanhoe-cambridge-adds-1-4-msf-of-office-space-to-west-loop-portfolio\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/ivanhoe-cambridge-adds-1-4-msf-of-office-space-to-west-loop-portfolio\\\/\",\"name\":\"Ivanho\u00e9 Cambridge Adds 1.4 MSF of Office Space to West Loop Portfolio - 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