FoxRock Properties Secures $58 Million Loan From PGIM For Mixed-Use Redevelopment In Quincy

1170 Hancock Street and 1200 Hancock Street are located in Quincy, MA, serving as a mixed-use redevelopment project. The redevelopment has been financed through a mortgage of $58 million, indicating significant investment in the property.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $58,000,000
• Lender: Jacques Chappuis - PGIM
• Landlord: FoxRock Properties

The transaction was facilitated by Jacques Chappuis of PGIM, representing the lender in this substantial mortgage arrangement for FoxRock Properties, which is leading the redevelopment at the specified addresses in Quincy Center.