Chicago’s commercial real estate
The owner of the Aon Center 200 E. Randolph St Chicago, Illinois, a venture of 601W, formally requested another three-year extension on its $536M senior loan.
Appraised at $330.5M down 58% from $780M when it originally took out the loan.
“It’s still unclear whether 601W will get the extra time it seeks for the Aon Center debt, which was sold off to commercial mortgage-backed securities investors when the landlord refinanced the tower in 2018.”
2.7M Square Feet Built 1972 66% Leased
-Crain’s
#commercialrealestate
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