Metropolitan Commercial Bank Refinances Office Building At 115 West 30th Street For $30M

The office building located at 115 West 30th Street in Penn Station has recently undergone a refinancing transaction. The property spans a total area of 151,525 square feet, making it a significant asset in the office market. The refinance loan for this transaction was provided by Metropolitan Commercial Bank, with a loan amount of $30,000,000. Justin Management is the landlord associated with this property.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $30,000,000
• Address: 115 West 30th Street
• Market: Penn Station
• Asset Type: Office
• Square Footage: 151,525

In this transaction, Metropolitan Commercial Bank acted as the lender, providing the necessary funds for the refinancing. Justin Management served as the landlord for the property. The involvement of these key individuals and companies highlights their role in the deal and their contribution to the successful refinancing process.