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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

Tags: south major makes chicago

 

Chicago Mayor Announces $1.1B for McCormick, Navy Pier

2013-05-17 05:31:00| National Real Estate Investor

Plans include new hotels and retail around the convention center, as well as improved and added facilities at Navy Pier. read more

Tags: chicago mayor navy announces

 
 

2 lawsuits say Chicago school closing proposal violates students' rights

2013-05-16 16:51:00| American School & University

Opponents contend the plan infringes on the rights of students who are African-American and students who have disabilities. Schoolhouse Beat read more

Tags: rights school students chicago

 

Daily business briefing: Anheuser-Busch may be forced to sell Chicago distributor

2013-05-15 17:41:47| Footwear - Topix.net

The Illinois Senate has passed a bill that will require Anheuser-Busch to sell its stake in a Chicago distributor.

Tags: business sell daily chicago

 

Teachers union plans to sue to block Chicago school closings

2013-05-15 17:14:00| American School & University

Chicago Teachers Union announces that it will file civil rights lawsuits to stop the district from closing more than 50 schools. Schoolhouse Beat read more

Tags: school plans block union

 

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