Chinese Investment Company Chicago Office Tower Acquisition

Locke Lord represented a PRC-controlled Chinese investment company in the acquisition of a 65-story, "Class A" office tower located at 311 S. Wacker Drive in Chicago for more than $300 million. This is the first major real estate investment by a Chinese investor in the Midwest. In addition to advising the client regarding U.S. real estate acquisitions, the Firm negotiated multiple ownership joint ventures, both first mortgage and preferred equity financing, and advised the client on general acquisition issues. Locke Lord Chicago lawyers Charles Wu represented the client.
Posted March 19, 2014