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chi-110NorthWacker_LowTerrace Sweeping views of the river and downtown is just one of 110 N. Wacker’s selling points. The future tower by Riverside Investment and Howard Hughes Corp. Experts say it has a good chance to open fully leased.

CHICAGO—110 N. Wacker has already been a hit with prospective office tenants, and just took the next step in becoming Chicago’s newest trophy tower. Developers The Howard Hughes Corp.  and Riverside Investment and Development Co. say their partnership has secured a $495 million construction loan from Bank of America and JPMorgan Chase. They also got a $169 million equity investment from USAA Real Estate, The financing was arranged by Hamilton Realty Finance together with Howard Hughes and Riverside.

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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