Elliott Birnbaum & Joseph Akerman Of Meridian Capital Group Arrange $14.25M Refinance For Office In Wilmington

The property involved in the transaction is a 10-story Class A office building located at 824 North Market Street in Wilmington, DE, with a total square footage of 210,363. The refinance loan amount for this asset is $14,250,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $14,250,000
• Loan Type: Refinance
• Lender: Parke Bank
• Broker: Elliott Birnbaum & Joseph Akerman - Meridian Capital Group
• Date: 5/20/2025

Congratulations to Elliot Birnbaum, who successfully represented Meridian Capital Group on this refinance transaction. The deal highlights the prominence of the office tower within the Wilmington market.