Beckman Family to Purchase Building in Downtown Chicago

October 14, 2009

Daily Real Estate Updates

sudler-sothebys-logo14 October 2009 ? Some good news – perhaps for all the margarita lovers in Chicago.

The Beckman family, makers of Jose Cuervo tequila, is expected to purchase a 310,540 square foot building at 303 W. Madison St. for approximately $60 million. The sale would be the first significant sale of a downtown office building this year and possibly the first time a Mexican investor has made a sizable real estate investment in the Chicago area.

The deal is scheduled to close Wednesday. The Beckman family paid upwards of over $2 million more for the building than sources had previously estimated.

Now we just need the Beckmans to rent space to some of the high-end Tex-Mex chefs in Chicago and we?ll have many Mexican delights under one roof. Bueno!

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About Nancy Gaspadarek

With over nine years in the Chicago real estate market, Nancy continues to enjoy the momentous and exciting process of helping her clients buy and sell homes. Nancy believes that the relationships & friendships that she has developed over the years are priceless. In 2007 she made the decision to partner with Catherine Brennan and the two are collectively known in the industry as The G and B Team. ?It was the best move I could have made?, Nancy says, ?Having a knowledgeable and reliable business partner to counter balance your strengths and have a shared passion to provide top notch service and expertise to all our clients is such a blessing.? Nancy graduated from Florida State University in Tallahassee, where she received a four year scholarship and was the captain of the woman's volleyball team for four years. Nancy has lived in downtown Chicago for over 14-years in a variety of neighborhoods. Her free time is usually spent playing tennis, golf & running/biking along the lakefront. She participated in the 1998 Chicago Marathon and has competed in a number of triathlons as well. She volunteers with The Friends of Blaine School in Lakeview, as well as Umoja Student Development and loves to travel as much as possible. You can contact Nancy at 773.259.9353 or gandbteam.com

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