141 W. Jackson, also known as theChicago Board of Trade Building.
CHICAGO—A partnership of Oaktree Capital and GlenStar Propertieshas secured a $256-million refinancing loan for its 141 W. Jacksonoffice tower here also known as the Chicago Board of Tradebuilding.
The deal, arranged by JLL Capital Markets, was done on behalf ofa partnership between funds managed by Los Angeles-based OaktreeCapital Management, L.P. and GlenStar Properties of Chicago, tosecure debt financing through a domestic financial institution.Ownership has successfully instituted a spec suite program andplans to allocate a portion of the loan proceeds toward futureleasing, according to JLL.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
