Helaba & DekaBank Refinance 278000 SF Office At 122 5th Avenue For $163.4M

The asset involved in this transaction is an office property located at 122 5th Avenue in the Flatiron District of Manhattan. The property encompasses a total square footage of 278,000 and has a refinance loan amount of $163,400,000. The deal was facilitated with the involvement of lenders Helaba and DekaBank.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $163,400,000
• Address: 122 5th Avenue
• Market: Flatiron District, Manhattan
• Asset Size: 278,000 SF
• Lender: Helaba & DekaBank
• Landlord: The Bromley Companies - Nicholas Haines
• Brokers: Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Dustin Stolly, Sean Reimer, Jordan Casella, Christopher de Raet & Jack Krentzman - Walker & Dunlop

This transaction involved key individuals including Nicholas Haines representing The Bromley Companies as the landlord. The brokerage team from Walker & Dunlop played a significant role in the deal, with multiple brokers contributing to its conclusion.