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150 17th Street, 651 Utica Avenue, 1690 East New York Avenue & 87-16 121st Street
FINANCED

PGIM Provides $83M Senior Loan For Self Storage Portfolio In Brooklyn & Queens

150 17th Street, 651 Utica Avenue, 1690 East New York Avenue & 87-16 121st Street

Self Storage
1,120,164 SF
clock iconFinanced 91 days ago
Adam Licari
Rob Turner
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Summary

Loan
NEW YORK
Self Storage
1,120,164 sqft

Four properties located at 150 17th Street, 651 Utica Avenue, 1690 East New York Avenue, and 87-16 121st Street were involved in a recent closed transaction in Brooklyn and Queens. The asset type of these properties is self-storage, collectively spanning 280,041 square feet. The lending institution for this deal was PGIM, with The Carlyle Group acting as the landlord. The transaction was facilitated by brokers Rob Turner & Adam Licari from Eastdil Secured.

Summary of transaction details:

  • Property Type: Self Storage
  • Transaction Amount: $83,000,000
  • Address: 150 17th Street, 651 Utica Avenue, 1690 East New York Avenue, 87-16 121st Street
  • Market: Brooklyn & Queens

The individuals and companies central to this transaction included the lender, PGIM, and the landlord, The Carlyle Group. The deal's brokerage representation was handled by Rob Turner & Adam Licari from Eastdil Secured. No additional information was provided regarding the specific roles or details of the parties involved in the transaction.

Players

  • All

    4

  • Agents

    2

  • Agencies

    1

  • Lenders

    1

Adam Licari's profile picture
Adam Licari
Eastdil Secured-image
Director
Rob Turner's profile picture
$73.2M Sold

Details

Deal Summary
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FINANCED
IMAGE: Rob Turner & Adam Licari DATE: 04/12/2024 ADDRESS: 150 17th Street, 651 Utica Avenue, 1690 East New York Avenue & 87-16 121st Street MARKET: Brooklyn & Queens ASSET TYPE: Self Storage ~ SF: 280,041 LENDER: PGIM (@PGIM) LANDLORD: The Carlyle Group (@OneCarlyle) BROKERS: Rob Turner & Adam Licari - Eastdil Secured (@EastdilSecured) LOAN AMOUNT: $83,000,000 LOAN TYPE: Senior Loan

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Address150 17th Street, 651 Utica Avenue, 1690 East New York Avenue & 87-16 121st Street

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