601W, David Werner JV spends $41M ($29psf) downtown office building that Brookfield paid $305M ($215psf) in 2018

2/2/2026

|

Chicago Business Journal

|

• Subcategory: Office: CBD

• Tag: JV-Partnership | Sale

• Additional Filters-Subcategory: Office: Highrise

• Additional Filters-Tags: Sale: Investment, Sale: Single Property

• Company: 601W Companies, David Werner Real Estate Investments, Northwind Group, Brookfield Asset Management

Highlights
601W Cos. and David Werner Real Estate Investments acquired 175 W. Jackson Blvd. for 85% less than 2018's $305 million price.
Northwind Group provided $58.5 million financing for the downtown Chicago office building purchase.
Chicago's office market shows recovery signs with increased institutional investment and leasing activity.