CME Group is seeking to offload most of its stake in the Chicago Board of Trade (CBOE) building, The Wall Street Journal reports. The New York-based derivatives and futures exchanges operator may raise about $210 million from the sale.
As a part of the agreement, the seller will secure a 15 year lease on the sale of the facilities it currently uses and retain ownership of the building’s east tower, which is houses its financial-futures markets. CME has appointed Jones Lang LaSalle and Holly Duran Real Estate Partners to market the building.
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