American Tower Acquires HancockTransmission Platform
American Tower has acquired the transmission space of one of
Chicago’s marquee properties, the John Hancock Center. The building is the
sixth tallest in the United States, at more than 1,100 feet (1,500 feet to the top
of the broadcast masts).
A release said that American
Tower acquired the 93rd and 97th floors along with the rooftop. It also notes
that the acquisition includes 34,000 of space for broadcast and telecom
equipment. According to ChicagoRealEstateDaily.com, the
amount was in the neighborhood of $70 million; it said the building
owners previously had defaulted on debt so the property had been seized by creditors
Deutsche Bank and NorthStar Realty Finance.
to Radiomap.us, FM stations WBEZ, WILV, WIQI, WLUP, WOJO, WQKX, WUSN and
WVAZ broadcast from the two masts atop the building.
stations, the city of Chicago and wireless telecom companies also make use of