JLL, on behalf of borrower Vista Property, has secured a $32 million refinancing for 609 West Randolph in Chicago. The 15-story boutique office property spans 95,000 square feet and features touchless technology and flexible floor plates.
The five-year fixed-rate loan with JP Morgan Chase & Co was arranged by JLL’s Debt Advisory team led by Managing Director Christopher Knight, Associate Matt Maksymec, and analyst Katia Novi.
Built in 2022, the building is currently leased to a diverse mix of ten tenants including Fetch Rewards, Buford Capital,and NTT Data. According to Hymie Mishan,Vista Property Principal,”With its thoughtful design and prime location,Vista was able to fully lease all fifteen floors of this new construction to high-quality full-floor users.”
