Acquisition of 500 West Madison Office Tower, Chicago
Chicago, Illinois, United States
500 West Madison, now rebranded as Accenture Tower, is a 40-story, 1.47-million-square-foot Class A office and retail skyscraper located in Chicago’s West Loop. The property sits directly atop the Ogilvie Transportation Center, offering unmatched transit connectivity and features over 45 stores and restaurants on its first two levels. Designed by Helmut Jahn and built in 1987, the tower underwent significant renovations and is currently owned by KBS Real Estate Investment Trust III, with Accenture as the anchor tenant. The building maintains a strong market position with high occupancy and ongoing capital improvements, including curtain wall restoration and amenity upgrades.