The WK Law Firm Represented HNA Group in $300 Million Acquisition and Financing of 181 West Madison, Chicago

The WK Law firm represented HNA Group in $300 Million Acquisition and Financing of 181 West Madison, Chicago in 2017 which is the second-largest downtown office sale of 2017. Mr. Allen Wu, the executive Partner, attended the closing ceremony on behalf of WK Law firm.

181 West Madison is a 50-story trophy property located in the heart of the Chicago Loop. It is architect Cesar Pelli’s first and only completed tower in the city. Strategically situated at the confluence of the West Loop and Central Loop, the iconic tower draws both submarkets’ archetypal tenants to an irreplaceable location that affords their employee immediate and effortless access to both suburban and local commuter train lines, Chicago’s banking and financial district, local and federal government campuses, and deep local amenities. Tenants in the building include Cornerstone Research, Marmon Group and Northern Trust.

This is another remarkable transaction HNA Group has closed with the support of the WK Law Firm after the acquisition of 1180 Avenue of Americas, 850 Third Avenue, 123 Mission Street and City Center.

With an annual volume exceeding $2 billion US dollars, the WK Law Firm is specialized in cross-border M&A, financing, real property transactions, corporate operation, capital markets operation and international trade. The WK team is devoted in offering support to Chinese entities stepping into the global market and endeavoring to set up a new milestone for the development of Chinese entities.