Howard Hughes Corp. starts construction on 55-story Chicago office tower [Seeking Alpha]
Howard Hughes Corporation (The) (HHC)
Last howard hughes corporation (the) earnings: 2/27 04:26 pm
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Source: Seeking Alpha
Howard Hughes Corp. starts construction on 55-story Chicago office towerHoward Hughes Corp. (NYSE:HHC) starts construction on 110 North Wacker, which will be 1.4M square-foot, 55-story office building in downtown Chicago.A collaboration of HHC and Riverside Investment & Development, the building is more than 30% pre-leased (about 500,000 square feet) to Bank of America (NYSE:BAC); Lincoln International is leasing about 60,000 square feet.The partners obtained a $495M loan from BAC and JPMorgan Chase, along with an equity investment by USAA Real Estate.The building is expected to be completed Q4 2020.Source:Press ReleasePreviously:Howard Hughes Corp. buys site in New York City's Seaport district (June 12)Click to subscribe to real-time analytics on BACNow read:2018: The Math Is Simple »
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