110 N. WACKER DRIVE
Located in the heart of downtown Chicago, 110 N. Wacker has served as GGP’s headquarters since the mid-1990’s. HHC owns 99% of the building and a leasehold interest in the land with a joint venture partner. The ground lease has a fixed rent for the entire 99-year term and expires on March 31, 2055.
In May 2011, HHC refinanced the loan on 110 N. Wacker. The new $29 million loan carries a fixed interest rate with the maturity matching the October 31, 2019 expiration of the GGP lease.