Pacific Life Insurance Company Provides $260M Loan For Mixed-Use Property In Philadelphia

1100 Market Street in Philadelphia, Pennsylvania was recently involved in a closed transaction. The property is a mixed-use asset located in the East Market area. The deal was finalized on 02/14/2022.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $260,000,000
• Lender: Pacific Life Insurance Company
• Landlord: National Real Estate Advisors, LLC, JOSS Realty Partners, SSH & Young Capital
• Brokers: Chad Orcutt & Blaine Fleming - JLL

The lender in this transaction was Pacific Life Insurance Company. The property was owned by National Real Estate Advisors, LLC, JOSS Realty Partners, SSH & Young Capital. The brokers representing the deal were Chad Orcutt and Blaine Fleming from JLL.