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**Wideman Secures $45M Refinancing for Houston High-Rise, The Jones on Main**
The Jones on Main, a prominent 34-story office tower in downtown Houston, has secured $45 million in refinancing. The Wideman Co., which acquired the property in May of last year from Lionstone Investments, received the financing from the International Bank of Commerce.
Originally constructed in three phases—1929, 1948, and 1951—the building is also known as the JP Morgan Chase Bank Building. It has undergone significant renovations over the years, including major upgrades in 1987 and again in 2017.
Located at 712 Main Street in Houston’s central business district, the 894,000-square-foot building maintains a prestigious tenant roster that includes JP Morgan, Lionstone, and Schwartz Associates. Its prime location offers direct access to Interstate 69 and is approximately 17 miles from George Bush Intercontinental Airport.
The Jones on Main features a wide range of modern amenities to serve its tenants and visitors, including outdoor rooftop event spaces, a private cocktail lounge, a food hall, and 24 passenger elevators.
This financing deal highlights the continued appeal of premier office space in Houston’s downtown market and underscores Wideman Co.’s strategic investment approach in the region.
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