Meridian Capital Group Secures $20M Acquisition Loan For Development Site In Gowanus, Brooklyn

The development site located at 450 Union Street in Gowanus, Brooklyn has recently undergone a closed transaction. The property, which is a development site, spans a buildable square footage (BSF) of 142,500. The deal was facilitated by brokers Adam Hakim and James Murad from Meridian Capital Group.

Summary of Transaction Details

• Property Type: Development Site
• Transaction Amount: $20,000,000
• Address: 450 Union Street
• Market: Gowanus, Brooklyn
• BSF: 142,500

Adam Hakim and James Murad, representing Meridian Capital Group, played a pivotal role in the acquisition loan transaction, facilitating a loan amount of $20,000,000 for the development site at 450 Union Street in Gowanus, Brooklyn.