Morgan Stanley Refinances 18-Story Office Building At 132 West 31st Street For $168.4M

An 18-story office building located at 132 West 31st Street in Manhattan, New York has been refinanced for a total amount of $168.4 million. Spanning across 444,000 square feet, the property is owned by Vanbarton Group, with Richard Coles serving as the landlord. The refinancing deal was facilitated by Morgan Stanley, with CEO James Gorman overseeing the transaction as the lender.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $168.4 million
• Address: 132 West 31st Street, Manhattan, NY
• Square Footage: 444,000 sf
• Landlord: Vanbarton Group – Richard Coles
• Lender: Morgan Stanley– James Gorman

This refinancing deal involved key individuals in the industry, with Richard Coles representing Vanbarton Group as the landlord and James Gorman leading the transaction as the CEO of Morgan Stanley. The collaboration between these parties demonstrates their commitment to facilitating successful real estate transactions in New York City.