BMO Provides $35.5 Million Refinance Loan To Douglas Development For 222 Delaware Avenue Office

The asset involved in the transaction is an office property located at 222 Delaware Avenue in Wilmington, DE, encompassing a total square footage of 249,799. The loan amount secured for this property is $35,500,000, classified as a refinance loan.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $35,500,000
• Lender: BMO
• Landlord: Douglas Development
• Brokers: Cary Pollack & Judah Neuman - Meridian Capital Group

The key individuals in this transaction include Cary Pollack and Judah Neuman, who represent the landlord in this deal. They are affiliated with Meridian Capital Group, further underscoring their role in facilitating this refinance transaction.