YOUNAN PROPERTIES SELLS DOWNTOWN CHICAGO OFFICE BUILDING FOR $35.7 MILLION

CHICAGO — Los Angeles-based Younan Properties has completed the disposition of 211 East Ontario located in downtown Chicago. The 172,000-square-foot, Class A office building is situated within the North Michigan Avenue submarket, adjacent to the Magnificent Mile shopping district. Northwestern Memorial Hospital has acquired the 18-story building from Younan Properties for $35.7 million.