Property Type

CHICAGO — A group of investors has acquired the office and parking components of the John Hancock Center, a 100-story landmark skyscraper located in downtown Chicago. The investor group, which includes The Hearn Co., The Lynd Co. and Mount Kellett Capital Management LP, purchased the property for $140 million, according to the Wall Street Journal. Built in 1970, the 3.1 million-square-foot tower is known for its cross-beam steel bracing design that eliminated the need for interior columns, creating a more efficient interior space. In 2012, the building was vertically subdivided, creating multiple components, each of which has been sold. Hearn and its partners purchased the 900,000-square-foot office sector (floors 13-41) and the 710-car parking facility (floors 4-12). The group also acquired most of the common areas including the outdoor plaza, concourse and the entries and lobbies on both Chestnut and Delaware Streets. Jack McKinney Sr., Jack McKinney Jr. and Matt Lerner of J.F. McKinney & Associates have been selected to lease the office space.

SCHAUMBURG, ILL. — Diebold, a manufacturer and supplier of self-service banking products, has signed an office lease for 6,524 square feet at 900 National Parkway in Schaumburg, a northwest suburb of Chicago. The 100,287-square-foot office building is 80 percent leased with available suites ranging from 2,000 to 14,000 square feet. Jack Reardon of NAI Hiffman’s office services group represented the landlord, Raytek Three Woodfield Lakes, in the transaction. Lexis Livengood of UGL Equis represented Diebold.