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CHICAGO — Consolidated-Tomoka Land Co. has acquired the ground lease for a JPMorgan Chase Bank property in Chicago for $3.8 million. The ground lease with JPMorgan Chase has 28 years remaining and rental rate escalations every five years.
CHICAGO — Consolidated-Tomoka Land Co. has acquired the ground lease for a JPMorgan Chase Bank property in Chicago for $3.8 million. The ground lease with JPMorgan Chase has 28 years remaining and rental rate escalations every five years.