CHICAGO — An investment group, led by Mark Karasick with 601W Companies and Michael Silberberg with Berkley Properties, is spending more than $100 million to take a controlling interest in the Prudential Plaza Office Towers in Chicago. The group, through a partnership with current owner and operator BentleyForbes Holdings LLC, plans to redevelop the property’s retail and common areas. The 1950s-era towers take up a full city block overlooking North Michigan Avenue. Occupying the center point between Illinois Center, the Loop Business District and Grant Park, the Prudential Plaza complex features approximately 2.2 million square feet of Class A office space in two distinctive high-rise towers, which are 41 and 64 stories. The complex also includes 90,000 square feet of retail.
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