The Chicago office of HFF (Holliday Fenoglio Fowler, L.P.) has been named to market for sale Columbus Plaza, a 533-unit and 48-story multifamily tower in downtown Chicago, Illinois.

HFF senior managing director Matthew Lawton and directors Sean Fogarty, Marty O'Connell and Dave Nachison will lead the investment sales team on behalf of the seller, Columbus Plaza Venture. The property is being listed without a formal asking price.

Located at 233 East Wacker in the New East Side submarket of downtown Chicago, Columbus Plaza is located along the Chicago River, steps from the Lake Michigan lakefront, the North Michigan Avenue corridor, Millennium Park and Chicago's central business district. The property has efficiency, and one-, two- and three-bedroom units that average 833 square feet each. Residences feature walk-in-closets, separate dining areas and floor-to-ceiling windows with views of downtown, the Chicago River and Lake Michigan. One hundred fifty-two of the apartments have recently been upgraded and include granite countertops, maple cabinetry, new flooring and new appliances. Community amenities include a rooftop sundeck and fitness room, laundry room, valet parking, bicycle storage and a landscaped garden with BBQ facilities. Columbus Plaza also has 42,428 square feet of retail space on a lower level retail concourse, which is part of a pedway system that connects the property to buildings throughout the CBD.

Columbus Plaza was developed and is managed by The Habitat Company. Founded in 1971, The Habitat Company has developed more than 17,000 apartments, townhomes and condominiums and currently has over 24,000 apartments and condominiums under management throughout Chicago and the Midwest.

HFF (NYSE:HF) operates out of 18 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF offers clients a fully integrated national capital markets platform including debt placement, investment sales, structured finance, private equity, note sale and note sales advisory services and commercial loan servicing.

HFF
MATTHEW D. LAWTON, 312-528-3650
HFF Senior Managing Director
mlawton@hfflp.com
or
LAURIE FISH MCDOWELL, 617-338-0990
HFF Associate Director, Marketing
lmcdowell@hfflp.com