Midwest

CHICAGO — Prudential Mortgage Capital Co. has provided a $300 million loan for 155 North Wacker, a 1.15 million-square-foot office tower located in the Chicago West Loop submarket. The 10-year, fixed-rate loan refinances the property for the borrower, which developed the tower in 2009. Located on the northeast corner of Wacker Drive and Randolph Street, the property is 94.6 percent leased and is within walking distance of major public transportation lines. The 46-story, Class A building is LEED-Gold certified and features a glass lobby, state-of-the-art technology including high-speed “smart” elevators, floor-to-ceiling windows, and conference and fitness centers.

CEDAR FALLS, IOWA — GA Keen Realty Advisors, a division of Great American Group Inc., is marketing a 48,250-square-foot office building in Cedar Falls. The property and facilities are being sold as part of a Federal Receiver’s sale, with GA Keen Realty Advisors working with the court appointed receiver, Chicago-based attorney Michael Eidelman, in marketing the building and property. The bid deadline is Friday, May 24 with an auction scheduled for Friday, May 31. Built in 2008, the building design features minimal emissions, water use, waste and indoor pollutants. Located on a 22-acre site at 1 Peregrine Way, the property is designated as a Class A professional office building and includes 108 exterior parking stalls and 43 underground parking spaces. The building is the former headquarters of Peregrine Financial Group owned by Russell Wasendorf Sr., which filed for bankruptcy in July 2012.