Blackstone, Bank Of China, Deutsche Bank, And SL Green Realty Provide $720M Loan For IndustryCity In Sunset Park, Brooklyn

Located in Sunset Park, Brooklyn, the industrial property at IndustryCity has recently undergone a closed transaction. The deal involved multiple lenders, including blackstone''>Blackstone, Bank of China, Deutsche Bank, and SL Green Realty. The total loan amount for the transaction was $720,000,000, with the property spanning across 6,000,000 square feet.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $720,000,000
• Address: IndustryCity, Sunset Park, Brooklyn
• Market: Sunset Park, Brooklyn
• Lender: Blackstone, Bank of China, Deutsche Bank, SL Green Realty
• Landlord: Jamestown Properties & Belvedere Capital, Angelo Gordon & Co., Ruby Schron's Cammeby's International, Abraham Fruchthandler's FBE Limited
• Square Footage: 6,000,000

The transaction was facilitated by key individuals including Andrew Matthias, Marc Holliday, Katheleen McCarthy, Jonathan Gray, Ken Caplan, Matt Bronfman, and Christian Sewing. The property's landlords were Jamestown Properties & Belvedere Capital, Angelo Gordon & Co., Ruby Schron's Cammeby's International, and Abraham Fruchthandler's FBE Limited.