CME Group sells CBOT buildings for $151.5 million

CME Group sells 2 of 3 buildings housing the Chicago Board of Trade for $151.5 million

RELATED QUOTES

SymbolPriceChange
CME64.190.06

CHICAGO (AP) -- CME Group Inc., which operates the Chicago Mercantile Exchange and other markets, said Monday it had sold two of three buildings that comprise the Chicago Board of Trade complex for $151.5 million.

The buyer is a joint venture between GlenStar Properties LLC and USAA Real Estate Co. The group will buy the 1.3 million square foot north and south towers of the CBOT building complex.

CME Group will lease back 150,000 square feet of space for 15 years. It will continue to own the 288,000-square-foot east building.

CME Group shares fell $1.15 to close at $271.90 in the regular session Monday before the sale was announced.

  •  
    Recent Quotes
    Symbol Price Change % ChgChart 
    Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
    You need to enable your browser cookies to view your most recent quotes.
  • Recent Quotes News

    •  
      Sign-in to view quotes in your portfolios.

    Trading Center

    Yahoo! Finance on Facebook

    POLL

    In the wake of the Washington state bridge collapse, would you support a tax hike for infrastructure projects?

    Loading...
    Poll Choice Options