Apr
25
HFF Lands $100M Financing for Chicago’s 125 S. Clark
ByHFF secured financing for a 20-story office building originally constructed by the renowned Daniel Burnham in the Windy City CBD.
125 S. Clark St., Chicago
Chicago—HFF has recently secured $99.5 million in financing for 125 S. Clark St., a 20-story office asset in Chicago’s Central Business District.
Working on behalf of Blue Star Properties and the Wolcott Group LLC, both based in Chicago, HFF placed the floating-rate loan with Brookfield Real Estate Financial Partners and Bank of the Ozarks. According to the broker, proceeds from the loan were used to pay off existing financing, complete renovation work at the site and fund leasing capital for the project…
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