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GOULD & RATNER LLP CLIENT BUYS THE OLD POST OFFICE

20 May 2016

Gould & Ratner (Chicago) client, 601W Companies bought the Old Post Office building in Chicago last week.  David Arnburg, Amy Blumenthal, and Joe Marzo led the Gould & Ratner team representing 601W in the post office transaction. The Old Post Office contains approximately 2.7 million square feet with land available for two additional buildings.  601W will commence a redevelopment of the Old Post Office this year.[caption id="attachment_3440" align="alignleft" width="150"] The Old Post Office Building, Chicago[/caption]The Old Post Office is the eighth office building purchase by 601W in Chicago handled by Gould & Ratner.  Other buildings include the Aon Center, Chicago’s third tallest building and the two-tower Prudential Plaza.  Gould & Ratner handles the management and leasing issues for the 8 million square feet of other office buildings owned by 601W.Gould & Ratner’s real estate practice includes all phases of the acquisition, development, financing, leasing and sale of real estate. Our experience in complex transactions includes representing lenders, borrowers, developers, equity investors and owners. We handle a broad range of matters, including multi-parcel assemblage/entitlements, acquisition and management office properties, real estate financing matters, tax-free exchange transactions, retail and commercial centers and mixed-use developments.