CHICAGO — Johnson Capital has arranged $60 million in fixed-rate senior debt for the refinancing of a retail condo in the One North State Street office building in Chicago. The retail condo includes 150,000 square feet of space on the ground floor and three additional lower floors of the 16-story, 673,400-square-foot building. The remaining 523,000 square feet of the building is office space. One North State is located at the intersection of State and Madison streets. The retail space is 98 percent occupied with a stable mix of anchors, including TJ Maxx and Burlington Coat Factory. Other retailers include Claire’s, Chipotle, Dunkin Donuts, The Body Shop, GNC and Payless Shoe Source. A large foreign bank provided the 10-year loan. Neil Bane and Roger Brandt of Johnson Capital arranged the financing.
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