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

1229 West Concord Place
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This Development Site property located in IL received a loan of $125,000,000 over 2 years ago.

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.

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Deals
  • Location
    1229 West Concord Place, Chicago, IL, USA1229 West Concord Place, Chicago, IL, USA
  • Loan Value
    $125,000,000$125,000,000
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    1 Lender1 Lender

Bank OZK

Bank OZK

Lender
Deals77
Volume$ 338.9B

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Deal Summary

LOAN 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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