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Major South Korean Investor Makes First Foray into Chicago

2013-05-17 16:28:00| National Real Estate Investor

Mirae Asset Global Investments has entered into the Chicago market with the South Korean-based investor’s purchase of 225 W. Wacker, Jones Lang LaSalle's Capital Markets Group has announced. The 225 West Wacker Acquisition Company sold the 31-story class-A tower, located in the city’s prime West Loop submarket, for $218 million. JLL also secured $115 million in acquisition financing through Principal Real Estate Investors and Allianz Real Estate of America, who provided the five-year loan. read more

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