225 W Washington

Chicago, IL


  • Client Fifield Development Corp.
  • MGA's Role Sale & Acquisition
  • Result 28-story, 528,000 SF Office Tower


When the powerhouse West Loop office corridor was still in its infancy, Mark Goodman saw the opportunity to transform a pair of rundown brick buildings into Chicago’s next hot office property. In a complex series of transactions, he simultaneously acquired both parcels – one privately owned, the other for sale in bankruptcy court – while negotiating the buyout of a long-term Burger King lease at one of the properties. After closing the transactions, Goodman sold the contracts to Fifield Development Corp. and became a limited partner in developing a 28-story, 528,000-square-foot office tower designed by Skidmore, Owings & Merrill for this once-underutilized site.