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Bank OZK Provides $120M Loan For Office Building At 345 N. Morgan St. In Chicago

345 North Morgan Street
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This Office property located in IL received a loan of $120,000,000 over 3 years ago.

The office property located at 345 N. Morgan St in Chicago has recently been involved in a loan transaction. The loan was provided by Bank OZK, with George G. Gleason representing the lender. The total loan amount for this transaction was $120,000,000. The property has a total square footage of 200,000 and is owned by Sterling Bay.

Summary of transaction details

  • Property Type: Office
  • Loan Amount: $120,000,000
  • Address: 345 N. Morgan St, Chicago
  • Square Footage: 200,000
  • Lender: Bank OZK (represented by George G. Gleason)
  • Landlord: Sterling Bay

Andy Gloor and George G. Gleason were involved in this loan transaction. Andy Gloor represents Sterling Bay as the landlord, while George G. Gleason represents Bank OZK as the lender. This deal signifies a significant financial arrangement between the parties involved.

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Deals
  • Location
    345 North Morgan Street, Chicago, IL 60607345 North Morgan Street, Chicago, IL 60607
  • Loan Value
    $120,000,000$120,000,000
  • Asset Type
    OfficeOffice
  • Parties
    1 Lender1 Lender

Bank OZK

Bank OZK

Lender
Deals77
Volume$ 338.9B

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Deal Summary

LOAN IMAGE: Andy Gloor & George G. Gleason DATE: 08/17/2021 ADDRESS: 345 N. Morgan St MARKET: Chicago ASSET TYPE: Office LENDER: Bank OZK @bankozk - George G. Gleason LANDLORD: Sterling Bay @sterlingbay LOAN AMOUNT: $120,000,000 SF: 200,000

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