• Mon. May 27th, 2024

Jose Cuervo Family Agrees To Buy Chicago Office Tower at Steep Discount

Bynewsmagzines

Apr 28, 2023
Agave Holdings has a deal to buy the 35-story office tower at 300 S. Wacker Drive in Chicago. (Gian Lorenzo Ferretti/CoStar)

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The family that owns Mexican tequila maker Jose Cuervo has a deal to buy a 35-story office tower in Chicago for less than $100 million, a fraction of the previous sale price six years earlier, in an example of falling values throughout the country amid reduced office usage, rising interest rates and other challenges.

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