Fitch Ratings Provides $475M Loan For Retail Property At Oakbrook Center, Oak Brook

Brookfield Property Partners and California Public Employees’ Retirement System have secured a $475,000,000 two-year, floating-rate loan for the retail property located at 100 Oakbrook Center in Oak Brook. The loan was provided by Fitch Ratings. Spanning over 2,200,000 square feet, the property is an expansive retail asset.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $475,000,000
• Address: 100 Oakbrook Center
• Market: Oak Brook
• Lender: Fitch Ratings
• Landlord: Brookfield Property Partners & California Public Employees’ Retirement System
• Loan Terms: two-year, floating-rate
• SF: 2,200,000

This transaction involves Brookfield Property Partners and California Public Employees’ Retirement System, who acted as the landlords in the deal. The loan was provided by Fitch Ratings. The property, which spans over 2,200,000 square feet, is located at 100 Oakbrook Center in Oak Brook.