JLL and Sterling Bay announced a $213 million refinancing for 360 North Green, a newly constructed, 500,000-square-foot office tower in Chicago, Illinois.
JLL worked on behalf of the borrower, institutional investors advised by J.P. Morgan Asset Management and Sterling Bay, to secure the three-year loan from Barings. JLL Capital Markets’ Debt Advisory team representing the borrower was led by Managing Director Lucas Borges, Senior Managing Directors Geoff Goldstein, Danny Kaufman and Kelly Gaines and Senior Analysts Emma Berner and Ryan Planek.
Designed by Gensler and delivered in 2024, 360 North Green stands 24 stories tall and features advanced building systems, integrated technology and wellness-focused design alongside amenities. The property is currently 76% leased to national credit-rated tenants, including Boston Consulting Group and Greenberg Traurig.
“Chicago’s top companies are flocking to properties like 360 N. Green due to its centralized location and the tremendous quality of experience curated for tenants and their teams,” said Andy Gloor, CEO of Sterling Bay.
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