Ev Konut ProjeProperty wire

Market briefs

Rise on Oprah Winfrey Site: McDonald’s New Global HQ to

In Chicago, A nine-story office building under development in Chicago will be the global headquarters of McDonald’s Corp. The site was previously home to Oprah Winfrey’s Harpo Studios.

Holliday Fenoglio Fowler arranged a $209 million construction loan for the development of the 567,000-SF building, 110 North Carpenter.

In Hff worked on behalf of the developer, a partnership of Chicago, based Sterling Bay and institutional investors advised by J.P. Morgan Asset Management, to place the construction loan with Bank of America and Wintrust Financial.

In A Hamburger University training center will be in the Gensler, designed building, which will have ground-floor retail.

Sterling bought the site from Winfrey for $30 million.

More property reports

Other deals and projects from the same part of the market.