Bank OZK Provides $125M Loan For Development Site In Chicago, IL

1229 West Concord Place

Development Site

320,000 SF

Financed 1 year ago

Summary

Loan

ILLINOIS

Development Site

320,000 sqft

A development site located at 1229 W. Concord Place in Chicago has been involved in a recent closed transaction. The property, which spans approximately 320,000 square feet and covers 55 acres, was the subject of the deal.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $125,000,000
Date: 10/01/2021
Market: Chicago
Address: 1229 W. Concord Place

Sterling Bay, represented by Andy Gloor, served as the landlord in this transaction. The loan for the deal was provided by Bank OZK, with a loan amount of $125,000,000.

Players

All
1

Lenders
1

Bank OZK

Details

Deal Summary

FINANCED

IMAGE: Andy Gloor DATE: 10/01/2021 ADDRESS: 1229 W. Concord Place MARKET: Chicago ASSET TYPE: Development Site ~ SF: 320,000 ~ ACRES: 55 LENDER: Bank OZK LANDLORD: Sterling Bay - Andy Gloor LOAN AMOUNT: $125,000,000

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Address1229 West Concord Place

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