Friday, October 6, 2023

JLL Capital Markets led the $233 million financing efforts for 919 on Fulton, a creative office development in the Fulton Market neighborhood of Chicago

 Tara Hagerty

 

CHICAGO, IL –  JLL Capital Markets has arranged $233 million in financing for the development of 919 on Fulton, a 373,000-square-foot creative office development in the Fulton Market neighborhood of Chicago, Illinois.

 

JLL worked on behalf of the borrower, Fulton Street Companies and JDL Development, to secure the construction financing through Bank OZK and Manulife Investment Management.


Keith Largay


 The JLL Capital Markets team representing the borrower was led by Senior Managing Director Keith Largay, Director Philip Galligan and Associate Tara Hagerty.

 

Upon completion in 2025, 919 on Fulton will feature 350,000 square feet of trophy office and 23,000 square feet of high-street retail.

 

In addition, the development will feature top-of-the-line amenities, including a full-service fitness center, yoga studio, expansive private outdoor terrace space, a shared rooftop terrace with protected views of the skyline, tenant lounge, custom conference room, and bike storage. 919 on Fulton is anchored by Harrison Street Real Estate and Gibson's Bar & Steakhouse.

 

Philip Galligan

The development is located at 919 West Fulton St. directly adjacent to the Morgan "L" station providing convenient access to the Green and Pink lines.


 This location is in the heart of Fulton Market, which is Chicago's premier mixed-use district, featuring a diverse mix of luxury residences, creative offices, art galleries, critically acclaimed restaurants, hotels and high-end boutique retailers.

 

Contact:

 

Kristen Murphy

Director, Public Relations, Americas

JLL

One Post Office Square, Suite 1100

Boston, MA 02109

T +1 617 848 1572

M +1 617 543 4873

Kristen.Murphy@jll.com

 

jll.com

 

 


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