Jeff Sutton's Wharton Properties Secures $49.4M Loan For Retail Property At 29 West 34th Street, New York

Wharton Properties, owned by Jeff Sutton, has closed a deal for a retail property located at 29 West 34th Street in the Garment District of New York City. The property, which spans an undisclosed square footage, was sold for a total of $49,400,000. Landesbank Hessen-Thüringen (Heleba) provided the loan for this transaction. The retail asset is expected to be developed by Jeff Sutton's Wharton Properties.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $49,400,000
• Address: 29 West 34th Street, New York
• Market: Garment District

This transaction was facilitated by Landesbank Hessen-Thüringen (Heleba), a reputable lender in the industry. Jeff Sutton, the owner of Wharton Properties, represented his company in the deal as the landlord and developer. Together, these key individuals and organizations ensured the successful completion of this retail property transaction in the Garment District of New York City.