Meadow Partners Secures $40.8M Loan For Williamsburg Office Building

Located at 109 South 5th Street in Williamsburg, this office property encompasses approximately 63,033 square feet. The transaction took place on February 12, 2021, with Maury Tognarelli & Jeff Kaplan sharing a photo on Instagram to commemorate the deal. The loan obtained for this property amounted to $40,800,000. Heitman Capital Management provided the loan, while Meadow Partners acted as the landlord. The property boasts an excellent location in the vibrant Williamsburg market.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $40,800,000
• Address: 109 South 5th Street
• Market: Williamsburg
• Asset Type: Office
• Square Footage: 63,033

Maury Tognarelli & Jeff Kaplan shared a photo of the property on Instagram, capturing the essence of the deal. With Heitman Capital Management providing the loan and Meadow Partners serving as the landlord, the transaction involved key individuals and companies. This office property, conveniently situated in the Williamsburg market, stands as a significant investment opportunity.