Deals
CME Sells Board of Trade Buildings for $151.5 Million
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CME Group Inc., the world’s largest futures exchange, sold the north and south towers of its Chicago Board of Trade complex for about $151.5 million.
CME, which occupies 150,000 square feet (14,000 square meters) of the 1.3 million-square-feet Art Deco property at 141 W. Jackson Blvd., will lease its space back for a 15-year term, the Chicago-based company said in a statement today. The buildings, put up for sale in June, were purchased by a joint venture of GlenStar Properties LLC of Chicago and USAA Real Estate Co. of San Antonio, Texas.