Updated: Onni Group Completes Purchase of 200 N. LaSalle in Chicago

Vancouver, B.C. real estate developer Onni Group completed its acquisition of 200 N. LaSalle St., a 645,170-square-foot office building in Chicago, IL, for nearly $ 157 per square foot or $ 101 million, according to published reports. Younan Properties said it sold the trophy high rise as part of its de-leveraging strategy to recycle capital and strengthen its balance sheet. The company owed nearly $ 90 million on a loan set to mature late last year…
National Commercial Real Estate News From CoStar Group