EnTrust Secures $60 Million Financing for Chicago CPD Class A Office Tower
EnTrust Realty Advisors is pleased to announce the successful financing of 20 W Kinzie, a 258,658 RSF Class A office building located in Chicago’s trendy tech-focused River North submarket. The 99% leased building is anchored by WeWork’s flagship Chicago location and features one of the City’s hottest restaurant chains in Parlor Pizza. The bank financing includes a LIBOR-based interest-only loan with multiple extension options providing ownership with flexibility in the future.
This is yet another example of EnTrust’s versatility in achieving the real estate goals of its clients.