Scotia Plaza vs Two Prudential Plaza

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Scotia Plaza is a commercial office complex in the city of Toronto, Ontario, Canada. It is in the financial district of the downtown core bordered by Yonge Street on the east, King Street West on the south, Bay Street on the west, and Adelaide Street West on the northwest. At 275 m (902 ft), Scotia Plaza is Canada's third tallest skyscraper and the 22nd tallest building in North America. It is on the PATH network, also contains 190,000 m2 (2,045,143 sq feet ) of office space on 68 flooring and 40 retail stores. Olympia and York developed the complex as an expansion of the adjoining headquarters of Scotiabank and the bank continues to occupy approximately 24 floors of the structure. Olympia and York owned the complex from its completion until the business was liquidated due to overwhelming debt in 1993.

Scotiabank led a consortium of banks to buy the mortgage for Scotia Plaza and within the next five years, it bought additional shares from its partners before it was the property's majority owner.On January 19, 2012, Scotiabank announced it would sell the iconic building and on May 22, announced a final agreement with Dundee Real Estate Investment Trust (now Dream Office REIT) and H&R Real Estate Investment Trust for $1.27 billion, making it the last of Canada's leading banks to divest ownership of its Toronto headquarters land. In 2016, H&R and Dream sold 50% of the construction to KingSett Capital and AIMCo; in 2017, Dream sold its remaining 50% stake in 2017 to the same two companies.

Source: Wikipedia

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Two Prudential Plaza is a 64-story skyscraper located in the Loop area of Chicago, Illinois, United States.

At 995 ft (303 m) tall, it's now the sixth-tallest building in Chicago and the seventeenth-tallest in the U.S., being only five feet from 1,000 ft, making it the closest of any building under 1,000. Built in 1990, the building was designed by the firm Loebl Schlossman & Hackl, with Stephen T. Wright as the principal in charge of design. It has been honored with 8 awards, including winning the Best Structure Award from the Structural Engineers Association of Illinois in 1995. At the time of completion, Two Prudential was the world's tallest reinforced concrete building. Its distinctive shape features stacked chevron setbacks on the north and south sides, a pyramidal peak rotated 45°, and an 80-foot (24 m) spire. The building is attached to One Prudential Plaza (formerly called the Prudential Building). With no spire, the building's height is still slightly greater than that of One Prudential Plaza's pinnacle.In May 2006, BentleyForbes, a Los Angeles-based property investment firm, run by Frederick Wehba and his family bought Two Prudential Plaza, along with its sister property, One Prudential Plaza for $470 million.In 2015, BentleyForbes defaulted on the mortgage for the towers on account of the terrific Recession and New York-based investors 601W Firms and Berkley Properties took control of the property after investing more than $100 million in equity to recapitalize. BentleyForbes, the former controlling owner of the towers, continues to have an interest in the owning partnership.The building is also the new home of the Chicago Tribune and tronc, Inc. after leaving Tribune Tower in July 2018.

Source: Wikipedia