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Boutique Offices in Streeterville Snare Refi

JLL Capital Markets arranged a $6-million refinancing for 200 East Ohio, a 27,000-square-foot boutique office property in Streeterville. A team led by Christopher Carroll and Lucas Borges worked on behalf of Tishman Realty to secure the financing through a Chicago-based financial institution.

200 East Ohio is a five-story boutique property that is nearly 90% occupied by a diverse tenant roster. The property is within walking distance of many of Chicago’s premier hotels, more than 450 retail stores and more than 275 restaurants.

JLL says 200 East fills a rare niche within the Chicago market, as a small office building in Chicago’s North Michigan Avenue submarket that appeals to tenants seeking quality space while providing the amenities that have made the area the epicenter of the city’s retail and dining scene.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Financing