JLL Secures $233M Financing for 919 on Fulton Office Development in Chicago’s Fulton Market Neighborhood
In a successful collaboration with borrower Fulton Street Companies and JDL Development, JLL has secured $233 million in construction financing from Bank OZK and Manulife Investment Management for the development of 919 on Fulton. The project, located in Chicago’s thriving creative hub of the Fulton Market neighborhood, will feature 350,000 square feet of premium office space and 23,000 square feet of retail. Led by Senior Managing Director Keith Largay along with Director Philip Galligan and Associate Tara Hagerty, the JLL team worked diligently to secure this significant funding opportunity.
According to recent data from JLL’s Q2 Chicago Office Insights report, Class A office space is highly sought after in the rapidly growing area which boasts approximately seven million square feet of existing inventory. With no other office developments slated to begin construction until at least 2023 , this project is well-positioned to meet strong demand from tenants seeking top-notch facilities. Don’t miss out on being a part of this exciting new addition to one of Chicago’s most desirable neighborhoods.
This article was originally published by Connect CRE.
