Updated Oct 29, 2024
BentallGreenOak & Synergy Investments Landlord 1 Center Plz Mixed-use Loan $375M KKR
1 Center Plz, Boston, MA, USA
$375,000,000
$505/SF
Building Size
741,237 SF
Asset Type
Mixed-use
Closing
Feb 10, 2021
About this deal
AI
The mixed-use property located at 1 Center Plz in Boston, MA has been involved in a loan transaction.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $375,000,000
- Address: 1 Center Plz
- Market: Boston, MA
- Asset Type: Mixed-use
The loan is provided by kkr''>KKR, and the loan amount is $375,000,000. The property spans a total area of 741,237 square feet.
The landlords of the property are BentallGreenOak and Synergy Investments. The key individuals involved in the transaction include Matt Salem, Dave Greaney, and Sonny Kalsi.
On the Map
$375,000,000
$505/SF
Mixed-use
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Players
Boston Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.04%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93