CBRE Acquires Hudson Square Dev Site With Wells Fargo, TD Bank, And JPMorgan Financing

A development site located at 550 Washington St in Hudson Square was recently involved in a closed property transaction. The property spans a total square footage of 1,300,000 and was acquired by the landlords Oxford Properties and Canadian Pension Plan Investment Board. The deal was facilitated by brokers P.J. Finley, James Millon, and Tom Traynor from CBRE. The transaction took place on 05/04/2020 and involved a loan amount of $972,600,000. The lenders involved in the deal were Wells Fargo, TD Bank, and JPMorgan.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $972,600,000
• Address: 550 Washington St
• Market: Hudson Square

Notable individuals and companies involved in the deal include James Millon, Michael Turner, Jamie Dimon, and Tom Traynor. They played significant roles in representing the buyers, sellers, and lenders throughout the transaction.