Acumen Capital Partners Secures $125 Million Refinance Loan For Industrial Complex In Brooklyn

The asset involved in this transaction is the industrial complex located at 630 Flushing Avenue in Brooklyn. This facility was previously the Pfizer headquarters, highlighting its significance in the market.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $125,000,000
• Lender: Värde Partners
• Landlord: Ashish Dua - Acumen Capital Partners
• Loan Type: Refinance
• Brokers: Jason Gaccione & Jake Salkovitz - CBRE
• Loan Term: Three years, floating-rate

This transaction was facilitated by Acumen Capital Partners, which secured the financing to refinance the property. In this deal, Jason Gaccione and Jake Salkovitz represented the brokers from CBRE, showcasing their involvement in the transaction process.