The title of largest single multifamily sale in Chicago in 2017 changed hands in record time after Morguard North American Residential REIT (TSX: MRG.UN) closed on one of its largest acquisitions to date with the Toronto-based firm's purchase of Coast at Lakeshore East at 345 E. Wacker Dr. in downtown Chicago for $222.5 million, or approximately $432,000 per square foot.