PGIM Issues $58.5 Million Refinance Loan For One Brattle Square In Cambridge, MA

One Brattle Square is a six-story mixed-use office and retail building located at 1 Brattle Street in Cambridge, MA, with a total square footage of 82,500. The property is situated in the Harvard Square submarket and is affiliated with Beacon Capital Partners.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $58,500,000
• Lender: Jacques Chappuis - PGIM
• Landlord: Affiliate of Beacon Capital Partners
• Loan Type: Refinance

Jacques Chappuis from PGIM plays a crucial role in this transaction as the lender providing the refinance, facilitating financial support aimed at enhancing the property’s operational capacity and financial viability.