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Prudential Mortgage Provides $425M in Loans for Office Towers in Chicago and Seattle

2013-03-06 17:58:00| National Real Estate Investor

In Chicago, Prudential provided a $300 million loan for 155 North Wacker, a 1.15-million-sq.-ft. office tower in the citys West Loop submarket. The loan features a fixed interest rate and a 10-year term. The property, which was developed in 2009, is currently 94.6 percent leased.

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