JLL Capital Markets and Sterling Bay have announced a $213 million refinancing for 360 North Green, a newly constructed, 500,000-square-foot, ultra-trophy office tower in Chicago.
JLL worked on behalf of the borrower, institutional investors advised by J.P. Morgan Asset Management and Sterling Bay, to secure the three-year loan from Barings.
Designed by world-renowned architect Gensler and delivered in 2024, 360 North Green stands 24 stories tall and features advanced building systems, integrated technology and wellness-focused design alongside market-leading amenities. 360 North Green leverages Sterling Bay’s signature hospitality-focused amenities, including two outdoor terraces per floor, a 4,000-square-foot roof deck; a 6,500-square-foot fitness center; outdoor conference space; a double-height lounge and bar; and the Adalina Prime restaurant. The property is currently 76 percent leased to national credit-rated tenants, including Boston Consulting Group and Green