Skidmore, Owings and Merrill LLP

For sale: John Hancock Center offices, parking … and name

For sale: John Hancock Center offices, parking … and name

The John Hancock Center’s office space and parking are for sale in a possible $330 million-plus deal that could lead to a name change.

Brokers representing a venture led by Chicago-based developer Hearn Co., the property’s owner, have begun marketing it to prospective buyers, Hearn Co. said. One potential revenue generator is the option to sell naming rights to the 100-story tower.

If the new owner goes that route, it would be the highest-profile renaming of a Chicago skyscraper since the controversial deal to change the city’s tallest building from Sears Tower to Willis Tower in 2009.

For sale is the Hancock’s 717-space parking garage on floors 4 to 12 and about 908,000...

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