Matthew M. Wideman Of The Wideman Company Secures $45M Refinance From International Bank Of Commerce For Office Tower In Houston

The Wideman Company secured a $45 million refinancing from International Bank of Commerce for The Jones on Main, an 894,000-square-foot office tower at 712 Main Street in downtown Houston. The property is LEED Silver-certified and home to tenants such as JP Morgan and Lionstone. It was acquired by Wideman in 2024 and underwent last renovation in 2017.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $45,000,000
• Address: 712 Main Street
• Market: Houston
• Lender: International Bank of Commerce
• Landlord: Matthew M. Wideman - The Wideman Company
• Asset Size: 894,000 SF
• Loan Type: Refinance

Matthew M. Wideman, representing The Wideman Company, facilitated the refinancing process for the property located at 712 Main Street. The transaction involved strategic financial planning to enhance the asset's value and operational efficiency within the downtown Houston market.