CHICAGO-According to sources, Jones Lang LaSalle has been hired to market a 31-story office tower situated at 225 W. Wacker Drive, which was acquired by J. P. Morgan Chase & Co. in 2003 for $153 million. The 650,812-square-foot building could fetch a price of $175 million, or $270 per square foot or more. It is anticipated to be placed for sale in 2013.
Mean while, Kaplan Higher Education plans to relocate from 225 W. Wacker Drive, where it leases 76,515 square feet. For the full story, go to Crain's Chicago Business .
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