Gleicher Leads NY Investors in Acquisition of Controlling Interest of Chicago's Prudential Plaza Office Towers
Warren Gleicher lead the Olshan team representing New York-based investors 601W Companies and Berkley Properties in a complex debt restructuring in which the investment groups invested more than $100 million in equity to recapitalize and take a controlling interest in Chicago's Prudential Plaza Office Towers, which consists of two office towers of more than 2 million square feet. BentleyForbes, the prior controlling owner of the towers, will continue to have an interest in the owning partnership. The pronouncement was first reported in The Real Deal in November 2012. Martin Cooper and Shirlee Aminoff played key roles in the acquisition.