Midwest Regional Office
The Wrigley Building
NYL is delighted to establish a relationship with Joe Mansueto, founder of Morningstar, Inc. by financing such an iconic asset in the most desirable location in all of Chicago. This relationship and The Wrigley Building, are both representative of the highest levels of commercial real estate in the Chicago area. This loan will provide long term acquisition financing for the sponsor of this important, historic building in the Chicago central business district.”
— James Neidinger, Senior Director
- The 30 year term is in keeping with NYL’s flexibility and appetite for long duration investment, and is justified by the stature of The Wrigley Building in Chicago.
- This former long-time headquarters of The Wrigley Chewing Gum company is at the crossroads of Chicago, at the corner of the Chicago River and North Michigan Avenue. This location is at the intersection of The Loop, North Michigan Avenue and River North submarkets, and is irreplaceable and internationally known.
Source: REI Midwest Regional Office, August 2018.