Vista Property has secured $32 million in refinancing for 609 West Randolph, a 15-story boutique office property totaling 95,000 square feet in Chicago.
Working on behalf of the borrower, JLL placed the five-year, 7.23 percent fixed-rate loan with JP Morgan Chase & Co.
Completed in 2022, 609 West Randolph was designed with the next-generation workplace in mind. The building features touchless technology, cutting-edge building systems and flexible floor plates ranging from 5,500 square feet to 7,100 square feet. Building amenities include a penthouse lounge and conference room, green rooftop space and amenity terrace, offices with private outdoor terraces and a lobby design inspired by boutique hotels. 609 West Randolph is 93.5 percent leased to a diverse mix of 10 tenants, including Fetch Rewards, Buford Capital and NTT Data.
The property is positioned at the nexus of Chicago’s West Loop and Fulton Market neighborhoods offering immediate access to a variet
