Netflix Secures $70M Loan For T.V. Studio/Theatre In East Williamsburg

333 Johnson Avenue, Brooklyn, NY, USA

$70,000,000

$434/SF

Building Size

161,000 SF

Asset Type

Other

Closing

Jul 20, 2021

AI

The T.V. Studio/Theatre located at 333 Johnson Avenue in East Williamsburg has been involved in a recent transaction. The property was purchased by Steel Equities and the tenant is Netflix. The loan for this deal was provided by TD Bank for a total amount of $70,000,000.

Summary of transaction details

Property Type: T.V. Studio/Theatre
Transaction Amount: $70,000,000
Address: 333 Johnson Avenue
Market: East Williamsburg
Tenant: Netflix
Lender: TD Bank
Landlord: Steel Equities

In this deal, Steel Equities acted as the landlord, while Netflix leased the property as the tenant. The loan was provided by TD Bank to facilitate the transaction. The T.V. Studio/Theatre, located at 333 Johnson Avenue in East Williamsburg, presents an exciting opportunity for Netflix to expand its operations.

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