Atlas Capital Group, Invesco & Partners Group Secures $300M Loan For Long Island City Office Building

The office building located at 30-30 47th Avenue in Long Island City has been involved in a closed transaction. The property, which falls under the zoning M1-4, was part of a deal facilitated by brokers Nick Scribani, Dustin Stolly, and Jordan Roeschlaub from Newmark. The loan for this transaction was provided by Credit Suisse, with a total amount of $300,000,000. The building has a total area of 969,600 square feet.

Summary of transation details

• Property Type: Office
• Transaction Amount: $300,000,000
• Address: 30-30 47th Avenue, Long Island City
• Market: Long Island City
• Asset Type: Office
• Zoning: M1-4

Atlas Capital Group, Invesco, and Partners Group are the landlords of this property. The loan for this transaction was secured through Credit Suisse. The brokers involved in this deal were Nick Scribani, Dustin Stolly, and Jordan Roeschlaub from Newmark.