Canadian company buys 500 Davis St. office building for $11.5 million
With a master's degree in Education Policy from the University of Illinois, Jordan Lee has spent the last decade reporting on school systems across the Midwest. Prior to joining Evanston Current, Jordan worked as an education reporter for the Chicago Sun-Times, where he focused on inequalities in education.
More from Jordan →
Amcor Holdings, a real estate investment and management company based in Westmount, Quebec, a Montreal suburb, purchased the office building at 500 Davis St. last month for $11.5 million, Crain’s Chicago Business reported last week. The sellers were a venture of real estate investor Randy Rissman and Bob Wislow of Parkside Realty. The $11.5 million price is about 35% of the building’s previous sale price. Eight years ago, Chicago-based Steelbridge Capital sold the property to Rissman and Wislow for $32.4 million, Crain’s reported. The 10-story, 125,285-square-foot building was built in 1978. Level Architecture refurbished it in 2016 while Steelbridge owned it, updating the lobby, outdoor space and signage. The property also contains a 250-space parking garage. Sale materials from real estate firm Colliers indicated the building was 62% occupied when it was listed for sale in April 2026, Crain’s reported. Cook County Clerk records show that Rissman and Wislow’s purchase was