Jordan Menashe isn’t done shopping for bargains in Chicago’s Loop.
In its third downtown office acquisition in less than three years, his Portland, Oregon-based firm Menashe Properties is in contract to buy the 38-story tower at 180 North LaSalle Street for between $55 million and $60 million, CoStar reported.
The seller, Canadian pension fund La Caisse — formerly called Ivanhoé Cambridge — is set to take a brutal haircut on the 862,000-square-foot property. La Caisse paid $198.5 million for the building in January 2016, meaning the…
